2020 Xero Tax webinars We’ve been busy updating Xero Tax for 2020. Join Jason Langworthy, Product Manager for Xero Tax, as he takes you through the changes in a series of interactive webinars starting 23rd March. Click here to register. ALERT – Inland Revenue shutdown Inland Revenue will be offline from 3pm on Thursday 9th […]
Archives for March 2020
Prestwood staff ‘keep calm and carry on’
Software firm Prestwood, which provides the Truth cashflow modelling system used by many planners, says its office will continue to be staffed so that users can call its helpdesk. However, while the risk of Coronavirus is significant the firm has cancelled all face-to-face training and user groups for the time being to minimise risk to […]
Coronavirus pandemic hands Big Tech a chance to burnish its image
Google, Facebook and Amazon are using their size, reach and technology prowess to help Americans cope with the coronavirus crisis, an opportunity for Big Tech to counter a drumbeat of criticism in Washington. The three companies have a chance to burnish their images amid intense U.S. regulatory scrutiny by the Justice Department, Federal Trade Commission, […]
Fox acquires streaming service Tubi for $440 million
Fox Corporation has agreed to acquire ad-supported streaming service Tubi for $440 million in cash. The acquisition of Tubi is in line with the company’s long-term strategic initiatives to broaden and enhance its direct-to-consumer digital reach and engagement, Fox said on Tuesday. After the sale of 21st Century Fox to Disney for $73 billion in […]
Self-Care And Self-Compassion In Times Of Financial Stress And Anxiety
Executive Summary In these stressful times, as we deal with fears arising from the coronavirus pandemic and market volatility, many financial advisors are being inundated by scared and panicking clients worried about how their assets (and financial goals and futures) will fare. And while advisors have a responsibility to try to calm their clients and […]
India plans e-commerce regulator, tighter controls under new policy: Sources
India wants to set up an e-commerce regulator and force companies such as Amazon to swiftly turn over information sought by authorities as part of a new policy being drafted, two sources familiar with the plan told Reuters. The new policy will be India’s latest effort to tighten control over e-commerce and is likely to […]
Two property funds suspended by fund managers
Two property funds have been suspended from dealing due to ‘turbulent’ market conditions. Kames Property was the first to suspend yesterday due to recent market turmoil and was followed soon after by the Janus Henderson UK Property fund. The M&G Property Portfolio was suspended late last year. The three funds that have suspended so far […]
Treasury yields inch higher as stimulus hopes lift markets
U.S. government debt prices were slightly lower Wednesday morning after hopes of a fiscal injection to mitigate the economic impact of the coronavirus pandemic boosted stocks. At around 2:45 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was fractionally higher at 1.0100%, while the yield on the 30-year Treasury […]
RBI introduces new guidelines for non-bank payment aggregators
All non-bank payment aggregators will have to apply for fresh licences. The Reserve Bank of India has introduced a new set of application criteria and operational guidelines to strengthen the governance and functioning of these entities and bring them under its direct supervision. These entities, including fintech startups such as PayU, Instamojo, Paytm, CCAvenue, Razorpay […]
Paytm moves to Visa from RuPay
Paytm Payments Bank, the largest issuer of RuPay debit cards, said that it will now issue Visa cards and is targeting one crore of these next year. The move comes in the wake of the government barring banks from recovering any fees from merchants accepting RuPay cards. According to bankers, the government’s decision to have […]