Executive Summary By definition, “advice” is a recommendation to someone about a prudent course of action to improve their situation or achieve their goals, which by its very nature is delivered by the advice-giver in the interests of the person receiving the advice. As a result, professionals from law to medicine to accounting to investment […]
Archives for June 2020
Fintech to provide 2 free CPD sessions on drawdown
Adviser tech firm O&M, part of fintech Iress, is to provide free CPD-qualifying webinars on drawdown for advisers. The firm, which provides pension and investment tools to providers, says it is running the sessions because of growing FCA interest in drawdown advice as part of the FCA’s “Assessing Suitability Review 2.” The review will look […]
Achieve greater speed and accuracy with enhancements to CIS in Xero
If you’re in the UK construction industry, using the Construction Industry Scheme (CIS), Xero can help reduce the administrative burden and paperwork. We’ve just made some improvements, which mean you can now: Run a CIS audit report for ease of checking and greater insight into monthly return numbers Verify subcontractors from within Xero Calculate CIS […]
Tax conversion services make switching simple at EOFY
If you’re an accountant or bookkeeper who’s been considering a switch to Xero Tax, there’s never been a better time to make the move. Our Partner Consulting team now offers four packages that make the transition to Xero Tax seamless and economical. And with this EOFY shaping up to be one of the busiest in […]
Prices may rise as Flipkart ups seller fee
Walmart-owned Flipkart will hike various marketplace fees from next month, irking sellers hit by the coronavirus pandemic. The move may lead to increased prices of products on the platform for consumers. The decision, reviewed by TOI, concerns marketplace fee components like fixed and local shipping charges. These have been increased across price buckets, especially doubling […]
Online, home delivery will make liquor more accessible to women buyers: United Spirits
United Spirits Ltd., India’s biggest liquor company with a brand portfolio that includes Johnny Walker and McDowell, said home delivery and online sales will not just expand the basket size but also help more women consumers. “In many states, women do not want to go into a retail store to buy alcohol – it’s just […]
Amazon’s media business is worth $500 billion based on ‘hidden value,’ says Needham analyst
An attendee watches a live demonstration of Link Kit’s Snow World online game displayed in a Twitch Interactive’s streaming video service. Kiyoshi Ota | Bloomberg | Getty Images Amazon’s media assets, which include Prime Video, Prime Music and Twitch, are worth about $500 billion, making them almost as valuable as company’s giant cloud-computing business, according […]
15 questions firm leaders should ask before returning to the office
As organizations across America reopen their workplaces in the wake of the COVID-19 pandemic, they face many new concerns: How can they keep staff as safe as possible? How many people will be allowed in the office at one time? How will they handle travel and visits to and from clients? Below are some of […]
Why I quit the FPA, and you should too
After eight years, the CEO of the Financial Planning Association, Lauren Schadle, resigned last month. She leaves behind an organization that has lost thousands of members in recent years. Count me among them. I was a member for many years and enjoyed the community dialogue, the Journal of Financial Planning (in which I published five […]
U.S. bank profits plunge 70% on coronavirus loss provisioning
WASHINGTON (Reuters) – U.S. bank profits fell by 69.6% to $18.5 billion in the first quarter of 2020 from the year prior as banks felt the economic impact of the novel coronavirus pandemic, according to data from a banking regulator. The Federal Deposit Insurance Corporation reported that “deteriorating economic activity” caused lenders to write off […]