The European Union has released its Winter 2021 Economic Forecast, which says that Brexit will dent UK economic growth considerably, and more than for the European Union, despite the new free trade deal between the two parties.
Archives for February 2021
ULIP Tax Rules 2021 – Should you still invest?
ULIP Tax Rules are changed in Budget 2021. Capital gain tax is applicable on the gain from ULIP policy provided yearly premium is exceeding 2.5 Lakh. The new rule is introduced to bring equality between mutual funds and ULIPs. Let’s demystify ULIP Tax Rules 2021. ULIP is a unit-linked insurance policy. ULIP provides life coverage […]
McConnell votes for acquittal, but then says there’s ‘no question’ Trump is responsible for riot
Minutes after voting “not guilty” in Donald Trump’s impeachment trial, Senate Minority Leader Mitch McConnell, R-Ky., said the former president is clearly to blame for the deadly Capitol riot. “There’s no question” that Trump “is practically and morally responsible for provoking the events of the day,” McConnell said just after the Senate acquitted Trump of […]
Chinese tech giants like Kuaishou are listing in Hong Kong instead of U.S. after Trump’s trade war
From left, the flags of the Hong Kong Stock Exchange, China and Hong Kong are seen flapping in the wind on May 6, 2019. Anthony Wallace | AFP | Getty Images Venture firm DCM just generated a $16 billion return from the IPO of Chinese social media app Kuaishou. The listing took place in Hong […]
How A Revolving Savings Account Can Help You Budget Better
It’s pretty easy to rattle off your monthly expenses: Rent or mortgage payments, utility bills, Internet, student loan payments, car payments, food, gas. On top of paying those bills, I also recommend setting aside money in your emergency fund so that a surprise doesn’t cause you to fall behind on those bills. But if you […]
$7B RIA names Reegan Rae as co-CEO
Reegan Rae is joining a small group of women executives in the financial services industry as the new leader of one of the industry’s leading registered independent advisors. Arnerich Massena, a Portland, Oregon-based RIA with more than $7 billion in assets under management according to its most recently filed form ADV, has named Rae as […]
DoL greenlights fiduciary rule replacement, but leaves door open to changes
The Department of Labor confirmed that a replacement for the Obama-era fiduciary rule will go into effect Feb. 16 — but the agency left the door open for new regulatory changes. The rule change permits investment fiduciaries to receive compensation as a result of advice to roll over assets from a retirement plan to an […]
mHealth Apps Expose Millions to Cyberattacks
The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.
Advisors’ worst career mistakes: What I’ve seen in 35 years as a recruiter
In my 35 years as an executive recruiter, I’ve seen many advisors make solid career decisions that set them up for future success. But then there were advisors who made some astounding mistakes. Here are a few that stand out. The BoasterOnce, the head of a team boasted to the branch manager at a prospective […]
Weekend Reading for Financial Planners (Feb 13-14)
Executive Summary Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the announcement that the Investments & Wealth Institute (IWI) is launching a new online advisor networking/community platform called “The Hive”, to be available to both IWI members and those beyond, as the organization seeks to expand […]