Surviving an audit
By staff WriterDon't submit to an audit on the spot if it upsets essential client meetings. Don't try to anticipate what the auditor will focus on. Develop a compliance manual for your practice. Don't apply logic to SEC requirements. Assig
December 12, 2008
Some financial industry sectors will fare better in '09No sector of the securities and investments industry will be exempt from regulation, according to a new TowerGroup research report. However, the electronic trading and...
December 12, 2008
Senate approves retirement plan reliefThe Senate yesterday suspended minimum withdrawal requirements on retirement plans, MarketWatch reports. The relief applies for one year to distributions that would have to be taken in 2009. "By making minimum withdrawals from retirement
December 12, 2008
Georgia insurer pays $12 million in back-claimsThe Georgia state commissioner's office has ordered Blue Cross Blue Cross Shield of Georgia Inc. to pay additional claims of $12 million to policyholders for ambulance services, according to the Dawson Times, a local paper in Georgia. A
December 12, 2008
Businesses, seniors see pension relief through new legislationCongress approved legislation yesterday that will relieve businesses of making required contributions to their pension plans in the coming year. The plan will save billions...
December 11, 2008
A change of (retirement) plans39% -- Percentage of boomers with retirement savings who have altered, or plan to alter, their savings strategy due to the economic downturn. 43%...
December 11, 2008
Bailing out the Big ThreeWhat do you think about the bailout for the auto industry? Do you think the Big Three deserves help or should they take their chances...
December 11, 2008
Take a chance on foreign fundsNo one's had an easy time this year, and international-stock funds are no exception, writes William Samuel Rocco of Morningstar. Currency and valuation are just...
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