A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in front of displayed Novavax logo in this illustration taken, October 30, 2020. Dado Ruvic | Reuters Biotech firm Novavax said Monday its Covid-19 vaccine was shown to be safe and 90.4% effective overall in a phase three […]
Archives for June 2021
Summer Reading List Of “Best Books” For Financial Advisors – 2021 Edition
Executive Summary As the vaccination count continues to rise and the new case count for the coronavirus continues to decline, more and more people – including financial advisors – are beginning to emerge from the shutdown and return to ‘life as normal’, which means a return to school, a return to the office… and now […]
Contingent charge ban slashes DB transfers
The number of DB transfer requests has fallen dramatically since the FCA introduced a ban on contingent charging last year, according to analysis from actuarial firm LCP. The FCA banned contingent charging – a fee paid to pension transfer advisers only when a transfer proceeded – in October 2020 amid concerns the practice was resulting […]
Qualcomm reportedly offers to invest in Arm as regulators threaten to block Nvidia’s $40 billion acquisition
Cristiano Amon, president of Qualcomm and Qualcomm CDMA Technologies, responds to a question during a panel discussion on 5G wireless broadband technology during the 2018 CES in Las Vegas, Nevada, U.S. January 10, 2018. Steve Marcus | Reuters U.S. chip goliath Qualcomm has said it is open to the idea of investing in U.K. chip […]
Bitcoin on the Balance Sheet Is an Accounting Headache for Tesla, Others – The Wall Street Journal
Elon Musk’s curious Twitter war with bitcoin is expected to hit Tesla Inc.’s TSLA -0.04% bottom line this quarter. Mr. Musk is widely blamed by investors for starting the digital currency’s most punishing slide of the year after announcing on Twitter that Tesla would stop accepting bitcoin as payment for its electric vehicles. He added […]
Pandemic still complicates going concern disclosures
The COVID-19 pandemic caused an unprecedented amount of financial pressure for many businesses, and auditors will still be sorting out the risks clients face during this year’s audit engagements. Some of the economic data released in the spring of 2021 suggests that some pressure can be expected to ease in certain industries. But that may […]
Embracing the subscription fee model gives clients more options
In the age of Apple, Netflix, and Spotify, clients want a more flexible approach to the services offered to them, and the subscription-based planning model is the next financial industry evolution. Advisors are seeking ways to adapt their offerings to meet changing client needs, including how, when, where and what type of financial guidance is […]
Israel bet banks billions for venture firm Insight as Monday.com and WalkMe go public
Monday.com celebrates its IPO at the Nasdaq, June 10, 2021. Source: Nasdaq In April, Insight Partners’ Jeff Horing hopped on a flight to Israel for a breakfast with tech CEOs. It was also an opportunity to pay a visit to his firm’s first international office, which had opened less than two years before. Now, CEOs […]
SBI Kavach Personal Loan with low interest rate
SBI Kavach Personal Loan is special product launched by leading bank State Bank of India. Personal loans are unsecured in nature hence interest rate is generally on the higher side. However, the interest rate applicable on SBI Kavach Personal loan is lowest 8.5%. This loan scheme is specially launched for COVID 19 patients to withstand […]
Depreciation Deductions Can Boost Your Tax Return
Small business owners want to take advantage of every tax break they qualify for. So, one deduction that should be on your radar is depreciating assets. Depreciation can provide valuable income tax deductions that save small business owners thousands of dollars each year. How depreciation works At tax time, the IRS will tax a business […]