Netx360 - One Complete Solution
TalentConnect - Sharpen Your Competitive Advantage

Issue 22, 2012

Featured Topic

Cash Management Considerations In an Accommodative Policy Environment

 There has been debate as to whether the Fed’s recent decision to maintain historically low overnight rates for the foreseeable future (estimated through 2013) is intended to continue supporting economic growth, or simply do no further harm to the economy. In any event, the Fed’s statement has clearly sent a strong signal to those with cash, making it extremely important for participants to assume a more active role in effectively reviewing their cash options -- especially given the costs of maintaining liquid assets.

Read More »

Business Building

Important Reminders Regarding Corestone Account™

As a reminder, Corestone Account™, Pershing's new asset management account offering, has replaced ProCash Plus®, and the bank sponsor changed to PNC Bank (PNC). To ensure the seamless continuation of your clients' checking accounts,...

Read More »

Revenue Generators

New Contribution Limits for Employer Sponsored Plans

Use the new Internal Revenue Service (IRS) retirement plan contribution, compensation and benefit limits for 2012 as a reason to contact your retirement plan sponsor clients and prospects. For employees participating in 401(k) and 403(b) plans, the 2012 elective deferral (contribution) limit has increased from $16,500 to $17,000. The catch-up contribution limit remains the same at $5,500, which means plan participants who are age 50 and older can contribute up to $22,500...

Read More »

Did You Know?

New Cost Basis Resources Will Help You Understand Complexities of Requirements

Pershing introduced a collection of new tools and resources to help you explain 2011 tax rules and new cost basis changes to your clients. The new Cost Basis Frequently Asked Questions (FAQs) can help you prepare for these discussions.

Given the complexity of these changes to cost basis, we strongly suggest that you review this information. In addition to the new FAQs...

Read More »

Quick Stats

Total Assets of Money Market Funds(2000-2011) - ($ Billions)

Source: Strategic Insight Monthly Fund Industry Review Reports

Not a Subscriber?

Opinion Poll



Most Popular - The Pershing Press

 

For Professional Use Only.