Updates

Specializing In Everyone?

Aug 15th, 2018
Over the weekend a MarketWatch article discussed why financial advisors should be specialists, not generalists. Check out financial advisers’ websites and you may notice a common theme: They define their market broadly. In many cases, advisers describe their firm as serving people of all ages across a range of professions who seek financial freedom and … more »

Why the Elanco IPO Announcement is Good for Everyone

Aug 10th, 2018
Since taking over as CEO of Eli Lilly in January 2017, Dave Ricks has undertaken quite a few changes, the latest being the announcement that Lilly will spin-off it’s Elanco division as a separate company through an IPO (initial public offering). Lilly considered three options for Elanco: holding it, selling it or the IPO. Good … more »

What to Do If Your Pension Is Frozen or Terminated

Jul 19th, 2018
The use of pension plans is declining. Many people are navigating what to do with their pension plans as they are frozen or terminated. In 2017, only 16% of the Fortune 500 companies offered a traditional pension plan to employees, compared to 59% in 1998. Among pharmaceutical companies the numbers are much better, with 50% of companies still offering pension plans. The … more »

Another company just cut its pension plan — what to do if it happens to you

Jul 13th, 2018
Avery Dennison AVY, -0.70%  is the latest example of a persistent trend: the death of the pension plan. The labeling and packaging company said on Wednesday it was terminating its pension plan, effective Sept. 28, eight years after first freezing the program. It also said there would be no change in benefits for the 11,200 current participants, although … more »
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