Running out of money is not the saddest retirement mistake you can make. This is.
The saddest financial mistake in retirement has nothing to do with running out of money.
The saddest financial mistake in retirement has nothing to do with running out of money.
Prior to 30 October 2024, unused defined contribution pension pots sat in a uniquely privileged position within UK tax planning. Under rules designed to encourage long-term retirement savings, these funds generally remained outside a person’s estate for Inheritance Tax (IHT) purposes. This framework effectively turned pensions into the ultimate intergenerational wealth shelter, leading wealth managers…
The Securities and Exchange Commission today published a Draft Strategic Plan that focuses on returning the agency to the core mission set by Congress more than 90 years ago: protecting investors; maintaining fair, orderly, and efficient markets; and facilitating capital formation. “During my tenure as Chairman, the Commission will not stray from this core three-part mission, and…
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that a recent study from The Ensemble Practice finds that while surveyed advisory firms posted profit margins in excess of 38% for fiscal year 2025 (a figure up nearly 15 percentage points over the past decade),…
ExxonMobil Holdings CFO Neil Hansen is one of thousands of letter writers who have weighed in on the Securities and Exchange Commission’s proposal that would allow public companies to opt out of the current quarterly reporting filing requirements. His signed 11-page letter on the oil giant’s letterhead is notable not only because Hansen is the…
Space Exploration Technologies (SPCX 5.43%) and Micron Technologies (MU +0.04%) are two of the most popular stocks on the market, but CFRA analysts think they are headed in opposite directions. Keith Snyder at CFRA has a sell rating on SpaceX. His target price of $115 per share implies 12% downside from its current share price…
Private equity firm EQT has increased its takeover proposal for Australian financial services group Perpetual to AUD2.5bn ($1.75bn), less than two weeks after the company’s board rejected its initial offer as insufficient, according to a report by Reuters. The revised non-binding proposal values Perpetual at AUD22.07 per share, representing a premium of almost 22% to…