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Lawmaker to reintroduce bill on retirement savings

Rep. Ron Kind, D-Wis., plans to reintroduce 2018’s Retirement Enhancement and Savings Act in an effort to increase workers’ savings in retirement plans sponsored by employers. The bill would increase the tax credit for certain small-employer pension plans while providing additional tax credits to companies that offer 401(k) automatic enrollments,…

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Many advisors miss out on succession planning

Just 36% of firms that are prospective sellers said they had a succession plan in place, according to a new study by Franklin Templeton. Pierre Caramazza, head of the Private Wealth Division at Franklin Templeton, suggests this could be because advisors are so busy helping others that they forget about…

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