The UK government's proposal to subject unspent pensions to inheritance tax (IHT) starting April 6, 2027, has sparked significant debate among industry experts. This potential change could disrupt many aspects of financial planning, leading to complications and increased costs for savers. This
The Baby Boomer generation, known for its significant contributions to cultural and economic changes in the United States, now faces a daunting challenge as it heads into retirement. Despite years of hard work and earning, many Boomers find themselves with insufficient retirement savings to
In 2025, significant changes to US retirement savings plans will come into effect due to provisions from the SECURE Act 2.0. This federal legislation, aimed at facilitating Americans' management and contributions to tax-advantaged retirement plans, is set to improve access to these savings
The importance of emergency savings accounts (ESAs) within the broader framework of employee benefits and retirement planning is often overlooked. While significant attention is typically given to 401(k)s and other long-term savings strategies, emergency savings are a critical component of
In today's economic climate, financial stability is a significant concern for many employees. With inflation soaring and economic volatility becoming the norm, employees are increasingly vulnerable to financial instability. This situation calls for innovative solutions that can provide
Strategic asset allocation plays a pivotal role in retirement planning, providing participants with a pathway to manage risk and leverage diverse growth opportunities, ultimately ensuring they stay on track with their retirement goals. This article offers valuable insights for both employers and
