Goldman Sachs Group Inc. has yet to make a federal political contribution to candidates of any party in 2021, filings with the Federal Election Commission show. Although many of the companies that suspended donations from their political action committees in the wake of the Jan. 6 riot at the U.S. Capitol by supporters of former […]
Archives for July 2021
How auto features make sense for plan participants and sponsors
Workplace retirement plans play a major role in helping Americans reach their retirement goals. Access to a retirement plan, though, is really just a starting point. The next step is nudging employees to save, save and save some more, particularly for employees who may have scaled back how much they were saving due to the […]
Weekend Reading for Financial Planners (July 10-11)
Executive Summary Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with a controversial discussion of the CFP Board’s recent ramp-up of enforcement in the aftermath of the July 2019 Wall Street Journal expose about the organization promoting CFP certificants “in good standing” on the CFP Board’s website […]
Grad earns prestigious accounting award for stellar exam performance – University of Dayton – News Home
University of Dayton alumna Lauren Barhorst earned a prestigious national award for her exceptional performance on the CPA examination — placing her in the top 0.1% of people who sat for the test last year. Passing the exam alone is an impressive achievement, says Mike Decker, vice president of examinations for the American Institute of […]
Biden to deliver big voting rights speech next week in Philadelphia
U.S. President Joe Biden delivers remarks at the White House at a celebration of Independence Day in Washington, U.S., July 4, 2021. Evelyn Hockstein | Reuters President Joe Biden next Tuesday will travel to Philadelphia to deliver an address about the actions his administration is taking to “protect the sacred constitutional right to vote,” a […]
Making Heads and Tails of Small Business Bankruptcy
Facing large amounts of debt caused by a failing business is overwhelming. If your small business is going under, you need to start looking at your options. You could end up losing your savings, vehicle, and home if your company falls too deep into debt. Bankruptcy for small business owners can protect you from losing […]
Ultra High Net Worth
Welcome to the sixth episode of The Compound & Friends, a new podcast from your favorite financial and investing commentators. This week, Michael Batnick, Jason Snipe of Odyssey Capital Advisors and Downtown Josh Brown discuss: ►Retail Investors Power the World ►Dissatisfied advisors ►Biggest takeaways from the CapGemini Ultra High Net Worth survey ►Under-rated & under-followed […]
7.6m Britons hit by pension scam attempts
Pension scammers have attempted to con 14% of the UK adult population, equivalent to 7.6m adults, a new study has found. Millions say they have received unsolicited emails, texts and calls from people encouraging them to transfer or release money from their pension. The survey for LV= found that only a third of people (32%) […]
Over-50s’ pension dreams damaged by pandemic
Over half of over-50s fear they will run out of money in retirement due to the impact of the pandemic on their income and their ability to save, a new survey has revealed. In a sign that the pension dream has faded for many older workers during the pandemic, the survey by Scottish Widows also found […]
Ex-Pensions Minister warns against quick axe for Triple Lock
Ex-Pensions Minister Baroness Ros Altmann has warned the government against abandoning the State Pension Triple Lock despite a potential 8% rise on the way. She wants to see a more fundamental review of the State Pension and not a one-off dropping of the Triple Lock. There are concerns that the government may scrap the Triple […]