Financial planning

Massmutual and Rsm Mcgladrey Team for insurance alliance: Accounting, tax and business consulting firm RSM McGladrey and global financial services conglomerate MassMutual, have partnered in an alliance that would provide life insurance solutions to RSM McGladrey clients. Under the terms of the agreement, a network of independent insurance professionals will work with RSM McGladrey wealth management planning teams to provide insurance services via MassMutual’s portfolio of products.

by Cynthia Harrington CFA

By Bob Rywick

by Cynthia Harrington CFA

by Cynthia Harrington

PLANNERS FORECAST IRD AS LOOMING ISSUE: As more than $1 trillion in inheritance money is estimated to change hands over the next decade, some 94 percent of financial planners participating in a survey indicated that income with respect to decedent estate-depletion problems will become a major issue over the next 10 years.

For taxable years ending in 2001 and 2002, the Job Creation and Worker Assistance Act of 2002 extended the carryback period for net operating losses to five years.

SURVEY SAYS INVESTORS have LESS FAITH IN MARKET: Forty-three percent of active, individual investors have less confidence in the stock market in the aftermath of Enron, according to results of a survey conducted by Towers Group, a New York-based communications firm.

by Cynthia Harrington

SOFTWARE REVIEW

by Cynthia Harrington

by Bob Rywick

PERSONAL FINANCIAL CENTER OFFERS ACCOUNT AGGREGATION SERVICE: Practitioners Publishing Co., a solutions provider for tax and accounting professionals, has partnered with Adhesion Technologies to incorporate Adhesion's account aggregation software - EA2 - within PPC's Personal Financial Center.