As in every corner of the economy, the financial services sector is feeling the effects of the COVID-19 pandemic.
Financial planners, accountants and insurance brokers say they are quickly changing how they do business. But with small businesses making up a significant proportion of their clients, they worry that a longer shutdown, an end to government deadline extensions and a drop-off in stimulus programs will cause large-scale business failures and more economic pain.
Financial planningThe instability of the stock market is already causing shifts in investment advice. A blind reliance on a 401(k) for retirement savings, thanks to an 11-year stock […]
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