Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with a look at the recently filed “Petitions For Rulemaking” that XY Planning Network submitted to the SEC regarding the separation of brokers and advisors, which would require brokers offering financial planning services (or delivering financial plans to their […]
Archives for September 2021
Editor’s Column: Life expectancy drop poses new questions
The fall in life expectancy for men, revealed this week by ONS, was perhaps not such a big surprise given that more than 130,000 people have sadly lost their lives to Covid-19 over the past 18 months. Covid-19 is not the only factor in the drop but it is an important one and it may […]
Editor’s Column: Life expectancy drop poses new questions
The fall in life expectancy for men, revealed this week by ONS, was perhaps not such a big surprise given that more than 130,000 people have sadly lost their lives to Covid-19 over the past 18 months. Covid-19 is not the only factor in the drop but it is an important one and it may […]
Well done to our Prize Draw winners
Many congratulations to the readers who took part in our Financial Planning Today Reader Survey and entered the prize draw to win one of 10 £25 Amazon vouchers. The winners have now all been contacted and are listed below. Highlights of the survey can be read in Financial Planning Today Magazine (July-Aug issue). The magazine […]
FOS warns of ‘dramatic’ rise in scam complaints
The Financial Ombudsman Service has reported a “dramatic” 66% rise in fraud and scam complaints in the first quarter of its 2021/22 year. The significant rise has spurred the FOS to issue a public warning about the wave of scams. The number of customers asking the Financial Ombudsman Service for help with fraud and scams […]
FOS warns of ‘dramatic’ rise in scam complaints
The Financial Ombudsman Service has reported a “dramatic” 66% rise in fraud and scam complaints in the first quarter of its 2021/22 year. The significant rise has spurred the FOS to issue a public warning about the wave of scams. The number of customers asking the Financial Ombudsman Service for help with fraud and scams […]
Businesses get more time for HMRC tax changes
Businesses are to get an extra year to prepare for the digitalisation of income tax, HM Revenue and Customs has said. HMRC says it has recognised the challenges faced by many UK businesses and their representatives as the country emerges from the pandemic. As a result of the Covid-19 challenges the government will introduce Making […]
How Do Accounting Profit vs. Economic Profit Differ?
As a business owner, your goal is to make a profit. Generally, you may turn toward your accounting profit to see how your company is doing. You also need to consider other types of profit, such as economic profit. But, what’s the difference between accounting profit vs. economic profit? Keep reading to get the scoop. […]
Bank of England maintains historic low rate at 0.1%
The Bank of England’s Monetary Policy Committee (MPC) has held interest rates at 0.1%, and stuck to its £895bn asset purchase target, despite inflation fears. Members of the MPC voted unanimously in favour of holding rates. However, forecasts for economic growth in the third quarter were revised down by 1% due to supply constraints hitting […]
Bank of England maintains historic low rate at 0.1%
The Bank of England’s Monetary Policy Committee (MPC) has held interest rates at 0.1%, and stuck to its £895bn asset purchase target, despite inflation fears. Members of the MPC voted unanimously in favour of holding rates. However, forecasts for economic growth in the third quarter were revised down by 1% due to supply constraints hitting […]