Archives for 2021
The 8 [Give or Take] Accounting Cycle Steps for Airtight Bookkeeping
You want a simple way to complete bookkeeping tasks. After all, the more organized your process, the faster you can record transactions and get back to business. To stay on track, you might consider using an accounting cycle. And to do that, you need to know the accounting cycle steps. Read on to learn the […]
FSCS cuts levy forecast by £206m to £833m
The Financial Services Compensation Scheme has dropped its 2021/22 levy forecast by £206m to £833m. It had originally forecast a levy for the year of £1.04bn. Despite the lower forecast, the levy still represents an increase of £133m from the £700m levy raised for 2020/21. The FSCS said it was still necessary to raise a […]
FSCS drops levy forecast to £833m
The Financial Services Compensation Scheme (FSCS) has dropped its 2021/22 levy forecast to £833m. It had originally forecast a levy for the year of £1.04bn. However, the levy still represents an increase of £133m from the £700m levy raised for 2020/21. The FSCS said it is still necessary to raise a higher levy for next […]
Equity release values rise as plan numbers decrease
The total value of equity released in the third quarter rose 18.8% to just over £1bn in the third quarter. However, the number of equity release plans decreased year-on-year to 10,333 according to data published today by equity release adviser Key. The number of equity release plans taken out remain below pre-pandemic levels (Q3 2019: […]
Advised platform net flows drop 20% in Q3
Advised net flows reported a quarter-on-quarter decrease of 20.78% in the third quarter, according to a new report. However, the net flows increased almost 75% when compared year-on-year. Total advised gross flows dropped 13.71% quarter-on-quarter but jumped nearly 50% year-on-year, according to the latest date from the lang cat. The platform with the highest advised […]
MAPS aims to boost school children’s money skills
The Money and Pension Service (MAPS) has developed new guidance for schools to encourage conversations about money in the classroom. The new financial education guidance is for primary and secondary schools in England. The guidance, developed as part of the UK’s 10 year Strategy for Financial Wellbeing, sets out ten steps schools can take to […]
Small changes that will improve your sales
If you want to maximise your business’s sales without reinventing the wheel, you’ll have to consider making small changes that can have large impacts on sales. Racking up sales, generating revenue and keeping your cash flow positive is the name of the game when it comes to operating a successful small business. Yes, there are […]
AssetMark adds $2.8B in assets, reaches record revenue and profit
Leading Financial Planner Gowen dies after cancer battle
Carolyn Gowen, one of the founders of leading London Financial Planning firm Bloomsbury Wealth, has died after a short battle with cancer just a few months after retiring. Ms Gowen had a distinguished 30 year career in Financial Planning and was one of the best known Financial Planners in London. She combined living on a […]