US-owned investment manager Vanguard has added a drawdown option to its SIPP-based Personal Pension plan. The company says there are no additional charges for drawdown beyond the 0.15% account fee. According to the company, an investor in drawdown with the median UK pension pot of £210,000 could save £7,168 more through the Vanguard Personal Pension […]
Archives for November 2020
Pandemic, A Driving Force in 2021 Financial Crime
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Art of Accounting: Reducing tax season workload compression – Accounting Today
Workload compression is a ubiquitous drain on our energies. From my calls, it appears that staff tax season hours still increase every year. Maybe 2020 is not a good year to measure anything, but my sense is this is a growing problem and not something that is being tamed. I’ve suggested solutions in columns here […]
myCAMS Review – Buy Sell Invest Mutual Funds
myCAMS is a SEBI-Registered Registrar & Transfer (R&T) Agency. myCAMS offers digital convenience to investors. You can buy sell switch and invest in mutual funds online by using myCAMS. myCAMS platform is available on the website as well as on mobile app. Mutual Fund investors should make use of myCAMS. Key features and services offered […]
Five Reasons Why Bitcoin is Going Up
Call it the “Respectability Rally”… A few reasons for Bitcoin’s return to the record highs. It’s about $18,500 as of this writing, matching the previous highs from 2017’s original explosion. Reason one: It’s going up because it’s going up. Don’t scoff, this is the reason most things in the markets happen and then the explanations […]
Employee Benefits And Perks That Actually Help To Retain Advisory Firm Employees
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Biden will likely require walking boot for several weeks after fracturing foot
President-elect Joe Biden introduces key foreign policy and national security nominees and appointments at the Queen Theatre on November 24, 2020 in Wilmington, Delaware. Mark Makela | Getty Images President-elect Joe Biden will likely have to wear a walking boot for several weeks after suffering small fractures in his foot, his physician said on Sunday. […]
XSBI October metrics show small businesses need our help more than ever this holiday season
As we head into the holiday season after a year unlike any other on record, it’s clear that small business performance will continue to feel the effects of COVID-19 for a long time to come. In Melbourne, we’ve been lucky to return to some sense of normalcy recently, only to see a cluster emerge in […]
How is holiday entitlement calculated?
Calculating holiday entitlement can be confusing. Employees are legally entitled to have 20 days paid holiday plus 8 bank holidays each year. If the employee works part time their entitlement is based on the number of days each week they work. For example, if they work 2 days a week they would be entitled to […]
Latest product news – December 2020
At Xero, we’re always looking for ways to help you spend less time on manual, repetitive tasks like data entry and more time growing your business. I recently had a virtual chat with Kendra Vant, EGM Data, to discuss some of the new developments in machine learning, and how they’ll benefit you. One of the […]