Long term investment in the stock market helps in creating wealth. The stock market investors are always looking for stocks that can help them in generating long term wealth. Leading stock broking firm Motilal Oswal has conducted research and released wealth creation report. The name of report is 25th wealth creation study report. The wealth […]
How to Increase business by motivating your sales team?
You can increase your business by motivating your sales team. Motivated sales team brings more business. If you are facing challenge of retaining your manpower especially sales team this post is for you. In this post, I will share proven ideas to motivate your sale team without spending money. There are two ways to motivate […]
New Banking and Insurance Rules applicable from 2021
New Banking and Insurance rules will be introduced from the new year 2021. Apart from banking and insurance, there are many other rules which are getting applicable from 2021. As all these rules are linked to your pocket you should know all these new rules. In this post, I will share information about new rules […]
21 Business ideas in 2021 with small investment of 1 Lakh
Business Ideas – Leaving a 9 to 5 job and starting own business is very good idea. No tension of boss. Freedom to set your own working hours. No limit on income. These are some lucrative benefits of starting your business. There are many young and dynamic people who are keen to start own business. […]
When Nothing Goes According To Plan, Having A Plan Matters Most
Even if you didn’t experience financial instability in 2020, it’s OK if this feels like a lost year. Be kind to yourself. You don’t have to hustle your way through the pandemic. If you lost some or all of your income, had to delay a big financial step, or had to stop saving for retirement, […]
Goldman spins off Folio’s 70K retail accounts to Interactive Brokers
Goldman Sachs has plans for Folio Financial’s RIA custodian, but not its retail brokerage business. The investment bank, which purchased Folio in September, is selling the self-directed retail brokerage segment to Interactive Brokers, according to a Dec. 4 announcement. Under the deal, Interactive Brokers will acquire approximately 70,000 retail accounts and $3 billion in client […]
NPS SIP – How to setup NPS SIP and get Same day NAV?
NPS SIP – The facility of doing SIP is now available for the NPS Subscribers. The new facility of NPS SIP is called as D-Remit facility. If you are NPS subscriber, you can transfer fund directly from your bank account using D-Remit facility. The same day NAV is applicable for the amount transfer using this […]
Editor’s Column: A pitiful number of planners
According to the FCA, since the Retail Distribution Review (RDR) and the Financial Advice Market Review (FAMR), from 2012 onwards financial adviser numbers, forecast to decline sharply, have actually risen by 1,400 to 36,400, a rise of 4%. A small boost but a move in the right direction and evidence that, to misquote Mark Twain, […]
Consumers wary of robo-advice says Quilter
Wealth manager Quilter has warned that consumers remain stubbornly wary of financial technology despite yesterday’s FCA review of the advice sector suggesting that robo-advice could play a key role in closing the advice gap. In its response to the FCA market review, Quilter said that the growth of financial scams during the Coronavirus pandemic has made people more wary […]
Merrill Lynch leaves pay grid unchanged, tightens small account policy
Merrill Lynch will leave its compensation plan’s incentive grid unchanged for 2021 but it is making tweaks elsewhere — including a cut to payouts on small accounts. “We felt it was important to maintain stability,” said a senior Merrill Lynch executive, who requested anonymity in order to discuss the matter. The news comes as the […]