Financial advisors often assist their clients with deciding when to file for Social Security benefits, helping them choose between filing prior to their Full Retirement Age (FRA) for a reduced benefit, filing at FRA for the ‘full’ benefit, or delaying benefits after FRA until (at the latest) age 70 to increase the monthly benefit by […]
Archives for 2021
Merrill Lynch ordered to pay $25 over ‘defamatory’ U5 statements
Business Update – 1 December 2021
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. International Border Reopening for Skilled Workers and Students Delayed Plans to reopen international borders to skilled workers and students have been halted due to concerns over the COVID-19 Omicron variant. The 1 December opening […]
SBA Disaster Assistance: Low-interest Loans to Help Get You Back to Business
If a disaster impacts your business, you might need to make repairs or temporarily shut down. For some, the expenses associated with disaster recovery cause negative cash flow or even small business bankruptcy. SBA disaster assistance can provide you with the funding you need to protect and continue running your business. There are a few […]
#FA Success Ep 257: Deepening Client Relationships By Going Deeper For Clients In Transition, With Beth Jones
Welcome back to the 257th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Beth Jones. Beth is the co-founder of Third Eye Associates, an independent RIA in the Hudson Valley of New York that oversees $125M of assets under advisement for nearly 200 client households. What’s unique about Beth, though, […]
#FA Success Ep 257: Deepening Client Relationships By Going Deeper For Clients In Transition, With Beth Jones
Welcome back to the 257th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Beth Jones. Beth is the co-founder of Third Eye Associates, an independent RIA in the Hudson Valley of New York that oversees $125M of assets under advisement for nearly 200 client households. What’s unique about Beth, though, […]
British Steel Pension Scheme claims to FSCS top 1,000
The Financial Services Compensation Scheme reported today that it has so far received 1,018 claims from former members of the British Steel Pension Scheme (BSPS). The total paid so far in compensation by the FSCS has now topped £30m with many more claims likely. The FSCS has also reported that a further five firms have […]
British Steel Pension Scheme claims to FSCS top 1,000
The Financial Services Compensation Scheme reported today that it has so far received 1,018 claims from former members of the British Steel Pension Scheme (BSPS). The total paid so far in compensation by the FSCS has now topped £30m with many more claims likely. The FSCS has also reported that a further five firms have […]
Edward Jones loses over 400 advisors but reels in higher profit
FCA to cap CMC fees at £10,000
The FCA will cap fees for Claims Management Firms at £10,000 from 1 March, it confirmed today. A fee of £10,000 can be charged where compensation of £50,000 or more has been won by a CMC. Fees are are also capped at lower compensation awards with a fee cap of £420 for compensation won of […]