Executive Summary For more than 20 years, industry benchmarking studies have helped financial advisors understand how to manage the profitability of their businesses, and ensure that the costs to service clients are in line with the fees they’re being charged. However, remarkably little research has been done into the costs that must be incurred to […]
Archives for 2020
Chase de Vere hits back at incentives criticism
National IFA firm Chase de Vere has hit back at newspaper reports that it has over-incentivised its advisers to boost sales. According to the Times, a recent awards ceremony in Manchester saw trophies presented to top selling advisers who were also rewarded with holidays to the South of France for being top fee earners. The […]
Engaging closely with academia, civil society to enrich platform: TikTok
TikTok on Monday said it is working with academia and civil society to enhance engagement, and enrich and empower the short-video platform. TikTok, which is owned by Chinese firm ByteDance, said it is also harnessing the power of artificial intelligence to show relevant content to the users. “We look at best practices, work with academia […]
Amazon moves Karnataka HC to quash CCI probe
E-commerce major Amazon has filed a petition in the Karnataka High Court to quash an investigation ordered by India’s competition watchdog into the alleged malpractices of the American etailer and its chief rival Flipkart. Amazon also sought an interim stay on the investigation, as per the petition filed, Monday. Amazon said the investigation would cause […]
IndiGo launches Hindi website for flight bookings
IndiGo on Monday started its Hindi website for customers who want to use it as their language of choice for flight bookings. India had 637 million internet users as of March 2019, with Hindi content consumption witnessing a growth of 94 per cent in 2018-19, the low-cost carrier stated in its press release. Over the […]
Enterprise mindsets need to transform for the truly connected world
SPONSORED INTERVIEW Bernd Gross is the chief technology officer of Software AG, having joined the company following its acquisition of Cumulocity, which he founded in 2012 as part of a management buy-out from Nokia Siemens Network. With 25 years of international experience in the IT industry and in management positions, including in the UK, Finland […]
Accounting Plan for More Income Tax Disclosure Under Fire – Bloomberg Tax
U.S. accounting rulemakers face multiple objections Wednesday when they vet a proposal that would make businesses reveal more details about their income taxes. In one corner, multinational businesses say the plan is complex and could mislead readers of their financial statements. In another, investors say the proposal doesn’t go far enough. “It asks more questions […]
Business continuity planning and reinforcing stability during uncertain times
Over the past few months alone, we have witnessed devastating natural disasters in Australia and New Zealand, social unrest in Hong Kong and now the Coronavirus outbreak globally. These series of unpredictable events have signalled to businesses the urgent need to instil stability and minimise disruption in their operations using technology. Not only did these […]
Buying from foreign ecommerce sites may get costlier
The government may consider introducing a prepaid tax and customs model for cross-border transactions, a move that could make buying products from foreign ecommerce platforms costlier. Chinese and other foreign ecommerce platforms, while shipping products to Indian customers, would have to pay the tax and customs duty through a government IT system and can only […]
WhatsApp Pay to expand UPI project to 10 million users
Facebook-owned instant messaging platform WhatsApp has received permission from the National Payments Corporation of India (NPCI) to expand its pilot United Payment Interface (UPI) services to 10 million users, according to Nandan Nilekani, the architect of unique identity database Aadhaar and UPI. Nikelani was speaking at an IIT Industry Conclave event on Friday. WhatsApp’s payment […]