Roth conversions are, in essence, a way to pay income taxes on pre-tax retirement funds in exchange for future tax-free growth and withdrawals. The decision of whether or not to convert pre-tax assets to Roth is, on its surface, a simple one: If the assets in question would be taxed at a lower rate by […]
Archives for 2022
Sunak retains Jeremy Hunt as Chancellor
New Prime Minister Rishi Sunak MP has retained Jeremy Hunt MP as Chancellor in his first Cabinet. Mr Hunt was appointed by former Prime Minister Liz Truss to replace former Chancellor Kwasi Kwarteng after his botched mini-Budget. Mr Hunt’s appointment is among dozens of ministerial appointments made by Mr Sunak after he became Prime […]
Sunak retains Jeremy Hunt as Chancellor
New Prime Minister Rishi Sunak MP has retained Jeremy Hunt MP as Chancellor in his first Cabinet. Mr Hunt was appointed by former Prime Minister Liz Truss to replace former Chancellor Kwasi Kwarteng after his botched mini-Budget. Mr Hunt’s appointment is among dozens of ministerial appointments made by Mr Sunak after he became Prime […]
Court orders rogue investment firms to shut
A group of companies which conned investors out of £2m in an investment scam has been ordered to be wound up by the High Court. The Sentor Group of companies falsely claimed that its investments were covered by the Financial Services Compensation Scheme and were “government-backed.” The firm has been linked to a ring of […]
What you need to know about Australia’s director ID rules
There’s a very important deadline coming up on 30th November. The ATO is urging those who haven’t yet applied for their director identification number (Director ID) to do so ASAP. The consequences for neglecting this task are severe. What is a director ID? The director ID is a mandatory 15-digit identification number given to […]
What you need to know about Australia’s director ID rules
There’s a very important deadline coming up on 30th November. The ATO is urging those who haven’t yet applied for their director identification number (Director ID) to do so ASAP. The consequences for neglecting this task are severe. What is a director ID? The director ID is a mandatory 15-digit identification number given to […]
Federal Budget debrief – what was in it for small businesses?
Well, there we have it – the 2022/23 Federal Budget has been dropped by Treasurer Jim Chalmers. As the Treasurer mentioned in his Budget speech to parliament, there were three main drivers behind the Budget, “In this same spirit, our Labor Government’s first Budget does three things: It provides cost of living relief, which is […]
Americans fall further behind on retirement savings as inflation bites
#FA Success Ep 304: Leveraging Surge Meetings To Find Efficiency With Client Reviews And New Client Onboarding, With Chad Chubb
Welcome back to the 304th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Chad Chubb. Chad is the founder of WealthKeel, an independent virtual RIA based in Tampa, Florida that advises on over $100 million of assets for 110 client households. What’s unique about Chad, though, is how he has […]
FCA to review ‘Big Tech’ impact on financial services
The FCA is to seek views on the competition impact from ‘Big Tech’ firms’ entry into retail financial services. Big Tech firms include the major tech and online players in the UK consumer and SME markets, such as Google-owner Alphabet, Facebook-owner Meta, Amazon, Apple and Microsoft. The FCA says it will look at the potential […]