Archives for August 2021
MassMutual to offer Bitcoin fund
Financial advisor charged with possessing and distributing child pornography
Weekend Reading for Financial Planners (Aug 14-15)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with a recap on where the latest legislation on the infrastructure legislation and budget reconciliation bill (with pending tax law changes) stands as it winds its way through Congress in the coming weeks, which is anticipated to culminate in […]
JPMorgan is boosting its active ETFs with a $10 Billion mutual fund switch
Editor’s Column: All change for financial plans – or is it?
A good financial plan will always need regular updating to stay on track as Financial Planners know, even if clients do not always appreciate this. While the fundamentals of any financial plan should endure for many years, it’s inevitable that circumstances will change. The pandemic is most certainly a ‘circumstance’ that has altered almost every assumption. […]
Janney Montgomery Scott, Advisor Group, Ameriprise, SEC charges and CFP exams
AJ Bell reduces adviser risk on MPS funds
Investment platform provider AJ Bell has changed the terms on its Managed Portfolio Service funds to reduce risks and costs for advisers. The company has changed the investment terms for its MPS funds to operate in future on a ‘reliance on others’ (ROO) basis rather than an ‘agent as client’ basis. The company says the […]
Aberdeen Asian fund to shift to UK investment trust status
Abrdn’s Aberdeen Asian Income Fund Limited is planning to move its tax domicile from Jersey to the UK and adopt UK investment trust status, the company has reported. The company says the move is to benefit from a number of double taxation treaties between the UK and jurisdictions in which the company invests in. The […]
22% of over 55s want to retire earlier
The upheaval caused by the Coronavirus pandemic has spurred many over 55s to change their retirement plans with 22% aiming to bring forward their retirement date. In contrast 13% want to delay retirement, according to new research from employee benefits company Wealth at Work. The research backs up a number of recent studies which […]