Issue 22, 2012
Featured Topic
Cash Management Considerations in an Accommodative Policy Environment
There is debate as to whether the Fed's decision to maintain historically low overnight rates for the foreseeable future will continue to support economic growth, or simply do no further harm to the economy. The Fed’s statement has sent a strong signal to those with cash—it is extremely important for participants to assume a more active role in reviewing their cash options, especially given the costs of maintaining liquid assets.
Business Building
Drive Asset Growth Through the Brokerage Platform
By now, you have heard about the benefits of conducting business on a consolidated brokerage platform such as Pershing's NetX360®. These benefits range from same-day trading capabilities and automated 12b-1...
Revenue Generators
New Contribution Limits for Employer-Sponsored Plans
The new Internal Revenue Service (IRS) retirement plan contribution, compensation and benefit limits for 2012 are good reasons 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. This means plan participants who are age 50 and older can contribute up to $22,500...
Did You Know?
Cost Basis Tools Will Help Explain Tax Rules to Clients
Pershing introduced a collection of new tools and resources to help you explain 2011 tax rules and new cost basis changes to your clients. The new cost basis Frequently Asked Questions (FAQs) will prepare you for these discussions.
Given the complexity of these cost basis changes, we strongly suggest that you review this information. In addition to the new FAQs...
Quick Stats
Total Assets of Money Market Funds(2000-2011) - ($ Billions)
Source: Strategic Insight, SIMFUND MF
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