Fintech and data firm Defaqto has added investment trust reviews to its qualitative reviews for financial advisers. Defaqto has added the reviews due to increased consumer demand for investment trusts. The Investment Trust Reviews will provide a quantitative overview of an investment trust including performance, charges, asset allocation, gearing and discount to net asset value. […]
Archives for May 2022
FSCS calls for increase to pension compensation limit
The Financial Services Compensation Scheme (FSCS) has called for the £85,000 compensation limit to be reviewed for pension claims. It hopes to reduce the gap it has with the Financial Ombudsman Service (FOS). The FSCS said that whilst it believes current limits remain appropriates for most products, the limit needs to be higher for pension […]
FSCS calls for increase to pension compensation limit
The Financial Services Compensation Scheme (FSCS) has called for the £85,000 compensation limit to be reviewed for pension claims. It hopes to reduce the gap it has with the Financial Ombudsman Service (FOS). The FSCS said that whilst it believes current limits remain appropriates for most products, the limit needs to be higher for pension […]
Advisers ‘ISA dumping’ due to volatility fears
Advisers opened and filled ISA accounts to max out annual allowances in a single transaction in March due to the impact of volatility gripping markets in the first quarter of this year, according to a new report. Over a quarter (27%) of new stocks and share ISA deposits on the abrdn Wrap in the final […]
Ameriprise annuity affiliate to pay $5M over first SEC case of its kind
How Merrill plans to get to 100% team-based practices by 2030
The biggest pricing mistakes I have made in my bookkeeping business
Are you struggling with pricing your bookkeeping services? Pricing is not easy, and in fact, it can evoke a lot of negative emotions, including fear and anxiety. It was certainly one of the areas that I struggled with the most while growing my virtual bookkeeping business. Although it was tough at times, I learned so […]
For Simple Bookkeeping, Consider Going With the Cash Method
Forty percent of small business owners agree that bookkeeping (the process of recording transactions) and taxes are the worst part of the job. Although it might be taxing (no pun intended!), bookkeeping is a key part of business. But, that doesn’t mean you have to make things unnecessarily difficult. For simple bookkeeping, you may consider […]
7 Best Integration Apps for Property Management Companies
Property management is a complicated matter without the proper software. Many companies are looking to use QuickBooks Online and integrate it with a property management app. Most are looking for something that allows tracking of tenants, rents, invoicing landlords and repairs, training, financials, maintenance, and more. Finding a simple and seamless integration is frustrating. Still, […]
Rise in advisers bringing ESG into retirement planning
Four in ten (43%) financial advisers consider sustainable investments when building retirement portfolios, according to new research. The number of advisers considering ESG in retirement planning has risen from 33% the previous year, according to the research from Aegon. The number of advisers who considered sustainable investments only at the request of the client fell […]