The vast majority of seniors surveyed about Social Security’s COLA say the number should be as much as five times higher than the government is forking over this year.
Archives for January 2025
Weekend Reading For Financial Planners (January 4–5)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with a recent survey indicating that a majority of advisors are viewing new client acquisition as their primary challenge in the current competitive environment for financial advice (followed by compliance and technology management) and suggests that, in addition to […]
New social care costs commission criticised over delays
Health and social care secretary Wes Streeting announced today an independent commission into social care costs and reforms, including more funding for elderly and disabled people to make home improvements.
Pension trustees urged to act to avoid dashboard costs
Pension trustees have been urged to act ahead of the looming Pensions Dashboard staging dates to avoid unnecessary costs, protect member benefits, and ensure a smooth transition to their endgame strategy.
Crypto in client portfolios? Advisors on bitcoin, 1 year after ETF approval
In December, the BlackRock Investment Institute stated that giving bitcoin a 1% to 2% weighting would produce a similar share of profile risk as the so-called Magnificent Seven technology stocks in a standard 60/40 portfolio.
4 New Year’s resolutions wealth managers are making for 2025
Getting healthy. Networking. Drawing the line on prices. Here are the ways wealth managers want to improve their practices — and their lives — in the new year.
Using A 1035 Exchange To Turn An Unneeded Life Insurance Policy Into An Annuity
Occasionally, an owner of a permanent life insurance policy may decide that they no longer need their policy – either because the death benefit is no longer necessary or because they simply want to access the policy’s underlying cash value for their living expenses in retirement. Unlike term life insurance, permanent life insurance doesn’t simply […]