1. Personalize Your Account
Before you start using the software – we recommend that you alter your settings first. This way once you make the changes to your account they are saved and you do not have to alter them every time! Step 1. Select the Person Icon in the top Right
With Reg BI comes New Compliance Liability
When it comes to compliance, companies need to tailor their procedures and policies to the specific context in which the firm operates.
Know the Importance of Prospecting
We all know how important is to keep prospecting if we want to grow our business. The majority of advisers who became successful in the industry did it through staying focused and disciplined when it came down to building their practice.
Mitigating Healthcare Cost Risks For Your Clients
The risk of outliving your savings is only made worse by the prospect of old age care expenses. The majority of retirees aren’t overly concerned with the cost of treating ordinary ailments, most of that is covered by medicare over 65 anyway.
The Rise Of Financial Wellness Apps
Financial wellness is not necessarily related to being wealthy or even rich. It is about being on top of your finances and moving towards your financial goals. It requires being financially literate and having good control of your expenses.
Rise in Retirement Plan Excessive Fee Litigations
The number of lawsuits involving 401(k) plans has increased significantly in recent years, peaking in 2020. The number of ERISA lawsuits in 2020 saw an 80% increase compared to 2019.
Being Proactive Is Crucial for Advisors
Given that the financial advisory industry is short on specialists, the industry needs to improve its diversity and inclusion efforts to attract and retain employees from different groups.
A Plan That Fits in Your Pocket, and Closes Coverage Gap
The Portable Retirement Act would allow Americans to contribute to a retirement savings account concurrently with the receipt of their social security number, with or without a plan sponsor.The act is aimed at people who don’t already have a way to save for retirement.
31st Annual Retirement Confidence Survey
Are workers delaying retirement because of the pandemic? What about those who currently work with financial advisors? The closer to the end of their working life, the more people start to concern themselves with securing their retirement funds.This strategy is often a winner, because you never know just how many rainy days lie ahead. The...Read More
Can Every American Access Financial Advice?
According to a recent study conducted by Allianz life, not all Americans are able to get the financial advice they need. Which is pretty troubling given the recent economic turmoil.The 2021 Retirement Risk Readiness Study highlighted the particular difficulties faced by certain demographic groups, in getting professional help with their finances.