Friday, Jun. 25, 2021, 02:00 PM SAN FRANCISCO – Shift recently created the position of chief accounting officer and filled it with an executive familiar to chief financial officer Oded Shein. The auto ecommerce platform announced on Thursday that Jason Curtis has been appointed as chief accounting officer in a move that was effective on June […]
Archives for June 2021
PayPal billionaire Thiel gets tax edge with Roth IRA worth $5 billion, ProPublica says
(Bloomberg) — Peter Thiel, the billionaire co-founder of PayPal who is a vocal opponent of higher taxes, had amassed $5 billion in a tax-free Roth individual retirement account by 2019, ProPublica reported, citing confidential IRS records. Investment gains in Roth IRAs are never taxed, and the accounts are subject to contribution and income rules designed […]
Editor’s Column: The PFS – a successful but problem child
The Personal Finance Society has always been something of a problem child for its parent the Chartered Insurance Institute. There is just no getting away from the fact that the members of the PFS are a feisty and opinionated bunch. They are, in many cases, not just hard working Financial Planners but also self-made business […]
Key inflation indicator posts biggest year-over-year gain in nearly three decades
A key inflation indicator that the Federal Reserve uses to set policy rose 3.4% in May, the fastest increase since the early 1990s, the Commerce Department reported Friday. Though the gain was the biggest since April 1992, it met the Dow Jones estimate and markets reacted little to the news. Stock market futures indicated a […]
Considering a Deferred Payment? Here’s What You Should Know
Running a business can be expensive. Rent payments, utilities, taxes, and equipment can all come with a hefty price tag. And if you have employees, you also have to throw in the payroll costs. So to save some money now and pay later, you may consider a deferred payment. But, what is deferred payment, and […]
NS&I confirms launch of green savings bond
NS&I, the government-owned savings business, is to launch a green savings bond for retail investors in the near future, it confirmed this week. NS&I said the bond would be launched in the second half of this year or early next week. The green bond is designed to boost investment in environmental projects and jobs and […]
Economic Freakshow
Welcome to the fourth episode of The Compound & Friends, a new podcast from your favorite financial and investing commentators. This week, Michael Batnick, Amelia Garland, Jeremy Schwartz and Downtown Josh Brown discuss: ►Powell continuing to downplay the threat of inflation ►Do bonds serve any purpose at all? ►Bitcoin ETF ►Batnick’s latest piece “In Defense […]
FCA hires 2 Freshfields lawyer for senior roles
The FCA has recruited two experienced lawyers who worked at City law firm Freshfields for senior roles following the exit of its general counsel Sean Martin. David Anthony Scott has been appointed as interim general counsel following the recent departure of general counsel Mr Martin. Mr Scott has substantial experience of the regulatory sector and of the […]
SJP among CII Public Trust Award winners
The Chartered Insurance Institute has revealed the winners of its Public Trust Awards at a virtual ceremony hosted by CII President Julie Page this week. A number of Financial Planners and industry professionals, as well as wealth manager St James’s Place, were among the winners. The winners were: Building Public Trust Consumer Champion Award: won by Johnny Timpson […]
How to Reprint Challan 280 SBI, ICICI & HDFC bank?
While filing Income tax return you might need to pay additional tax. We have stated in an earlier post about how to pay this Self-Assessment tax using Challan 280. The problem is sometimes people forget to save the Challan 280 receipt and later cannot find the details to fill up in the ITR Form. This […]