News Round-up for Week of September 24

24th Sep 2018

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Here are the stories that financial advisors are reading this week. What are you reading?

Cash Balance Plans Multiplying — So Are Sponsor Contributions

Cash balance plans are on the rise, according to a 2018 National Cash Balance Research Report from Kravitz, Inc.  As cash balance plans have risen, so have plan sponsor contributions. New cash balance plans have increased by 15%, and employer contributions have risen even more—by 30% —as legislation favoring such plans has helped them along.

Via BenefitsPro

Women Are Not a Market Niche in Financial Advisor Industry The financial services industry has not served women particularly well, often making female clients feel undervalued which in turn decreases trust in their advisors. There have been attempts to fix this, but the financial services industry must not call women seeking financial advice a segment — or a niche.

Via Wealth Advisor

5 Key Benefits of Cash Balance Plans Many physicians and medical practitioners are looking at their savings and questioning whether they are prepared financially for retirement. Cash balance plans are becoming an increasingly appealing retirement savings option for health care professionals and other business owners seeking to catch up on retirement savings or even accelerate their retirement timeline.

Via The Tax Adviser

Making Wills Easier and Cheaper With Do-It-Yourself Options More people are turning to online services and creating wills themselves, a simpler and cheaper option than hiring expensive attorneys.

Via New York Times

Ease the Tax Impact of Natural Disasters Financial advisors can aide clients by being familiar with tax relief options that might be available to affected clients. Here are things to look for.

Via Financial Planning

Women Are Not a Market Niche in Financial Advisor Industry

The financial services industry has not served women particularly well, often making female clients feel undervalued which in turn has affected the trust women have in their advisors. The financial services industry has tried to resolve these issues, but the bottomline is that women seeking financial advice must not be categorized as a segment or a niche.

Via Wealth Advisor

5 Key Benefits of Cash Balance Plans

Many physicians and medical practitioners are looking at their savings and questioning whether they are prepared financially for retirement. Cash balance plans are becoming an increasingly appealing retirement savings option for health care professionals and other business owners seeking to catch up on retirement savings or even accelerate their retirement timeline.

Via The Tax Adviser

Making Wills Easier and Cheaper With Do-It-Yourself Options

More people are turning to online services and creating wills themselves, a simpler and cheaper option than hiring expensive attorneys.

 

Dedicated DB@ DedicatedDB

These entrepreneurs are putting compassion at the heart of their businesses via @forbes #entrepreneurshiphttps://t.co/kesLFx0J6p

9:05 PM 17 September 2021

Dedicated DB@ DedicatedDB

Sen. Warren pushes wealth tax to help fund $3.5 million Biden plan via @thinkadvisor #wealthtax #taxplanninghttps://t.co/T92Nnqg95M

7:50 PM 17 September 2021

Dedicated DB@ DedicatedDB

Survey: Even the rich think it will take a miracle to retire via @FA_Magazine #wealth #retirementplanning #wealthhttps://t.co/2P2n7y4WQ8

5:49 PM 17 September 2021

Dedicated DB@ DedicatedDB

Here’s why more women will have a retirement savings shortfall during the pandemic #womenandbusiness #retirementhttps://t.co/Bd0J4jPzpR

4:28 PM 17 September 2021

Dedicated DB@ DedicatedDB

Do your small business clients know about this powerful tax strategy? #cashbalanceplan #taxstrategy #smallbusinesshttps://t.co/VZDznzbusv

9:34 PM 16 September 2021

Dedicated DB@ DedicatedDB

3 ways you could benefit from Biden's $25 billion small-business assistance plan via @inc #smallbusinesshttps://t.co/MldNffiMi6

8:04 PM 16 September 2021

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