Tax Reform Opens Opportunities for Advisors

March 7, 2018

The federal tax reform law passed late last year could boost the business of financial advisors and provide needed assistance to Americans who are preparing for retirement, according to industry experts.   The law has provided many corporate employers with an infusion of cash, which some are using to boost benefits and ramp up retirement plans for their employees. Two-thirds of large and mid-size employers surveyed by Willis Towers Watson said they have made or plan to make changes to t...

LIMRA Survey Shows Strong Consumer Desire to Save for Retirement

March 6, 2018

Americans want to save more money for retirement, and they are more likely to do so if they have a financial advisor, according to a pair of recent surveys.   The LIMRA Secure Retirement Institute found that 54 percent of U.S. households say that saving more money is a top financial priority. Of these, nearly 60 percent cite preparing for retirement as a top reason for increasing their savings.   The main impediment to saving for retirement is excessive non-mortgage debt, including ...

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