NS&I, the government-owned savings business, is to launch a green savings bond for retail investors in the near future, it confirmed this week. NS&I said the bond would be launched in the second half of this year or early next week. The green bond is designed to boost investment in environmental projects and jobs and […]
Archives for 2021
Economic Freakshow
Welcome to the fourth episode of The Compound & Friends, a new podcast from your favorite financial and investing commentators. This week, Michael Batnick, Amelia Garland, Jeremy Schwartz and Downtown Josh Brown discuss: ►Powell continuing to downplay the threat of inflation ►Do bonds serve any purpose at all? ►Bitcoin ETF ►Batnick’s latest piece “In Defense […]
FCA hires 2 Freshfields lawyer for senior roles
The FCA has recruited two experienced lawyers who worked at City law firm Freshfields for senior roles following the exit of its general counsel Sean Martin. David Anthony Scott has been appointed as interim general counsel following the recent departure of general counsel Mr Martin. Mr Scott has substantial experience of the regulatory sector and of the […]
SJP among CII Public Trust Award winners
The Chartered Insurance Institute has revealed the winners of its Public Trust Awards at a virtual ceremony hosted by CII President Julie Page this week. A number of Financial Planners and industry professionals, as well as wealth manager St James’s Place, were among the winners. The winners were: Building Public Trust Consumer Champion Award: won by Johnny Timpson […]
How to Reprint Challan 280 SBI, ICICI & HDFC bank?
While filing Income tax return you might need to pay additional tax. We have stated in an earlier post about how to pay this Self-Assessment tax using Challan 280. The problem is sometimes people forget to save the Challan 280 receipt and later cannot find the details to fill up in the ITR Form. This […]
How to clean up Unapplied Cash Payment Income & Expenses in QuickBooks Online
Coming across unapplied cash payment income and expenses in the Profit and Loss report during a QuickBooks Online cleanup can leave you stumped. What are these accounts for and where did they come from? How do you clean up these accounts to get rid of the balances? Keep reading, and I’ll answer these questions and […]
$1 billion Wells Fargo advisor team leaves for RBC’s overseas expertise
RBC Wealth Management added a five-person advisor team from Wells Fargo with $1 billion in client assets. In a statement, Joseph Seidler, a managing director of the Seidler Cattich Group, says RBC meets their needs for clients who live or own property overseas. “As part of RBC, one of the largest financial services companies in […]
Tax consequences of nonfungible tokens (NFTs)
A new enterprise that has captured widespread attention is the production and use of nonfungible tokens, or NFTs. Like individual snowflakes, each NFT is unique; unlike snowflakes, each lasts indefinitely, can be transferred, and might be valued at millions of dollars. They have been employed to digitize an increasing range of intellectual property such as […]
Accountants work on supporting international vaccine and health effort – Accounting Today
The International Federation of Accountants signed an agreement with the Vaccine Alliance (known as Gavi) and the Global Fund to Fight AIDS, Tuberculosis and Malaria to improve accounting practices in the public health sector. IFAC will work with Gavi and the Global Fund to contribute to, and support, the implementation of robust accounting practices in […]
FASB asks for feedback on future standards agenda – Accounting Today
The Financial Accounting Standards Board is looking for suggestions on what its future standard-setting agenda should look like. FASB issued an invitation to comment Thursday asking its constituents to offer feedback on its future agenda. FASB is asking stakeholders to review and provide comments on the document by Sept. 22. The request comes at a […]