Picture the scene: a moderately busy suburban branch of a High Street bank in early 2015. A motor cycle courier arrives. He is carrying a large bin bag full of cash, the wads carefully wrapped. A bank clerk speaks to him as he approaches the counter. “Can you just take off your helmet please – […]
Archives for 2021
Editor’s Column: Time to clean up on laundering
Picture the scene: a moderately busy suburban branch of a High Street bank in early 2015. A motor cycle courier arrives. He is carrying a large bin bag full of cash, the wads carefully wrapped. A bank clerk speaks to him as he approaches the counter. “Can you just take off your helmet please – […]
Ex-FCA director joins Abrdn board
Former FCA non-executive director Catherine Bradley has been appointed as a non-executive director of financial provider Abrdn and will become a member of the company’s audit committee from 4 January. Her appointment means the Abrdn board will consist of six men and six women. Ms Bradley was on the FCA board from 2014 to 2020 […]
St James’s Place adds 229 new graduates
Wealth manager St James’s Place has boosted its partnership numbers with 155 newly-qualified financial advisers and 74 new Paraplanners – 229 in total. The new recruits have all graduated from the St James’s Place Academy. So far 801 people have graduated from the academy from a wide range of backgrounds including professional athletics, teaching and female […]
AJ Bell reveals Top 20 adviser funds
AJ Bell has revealed the top 20 most popular funds and investment companies with advisers using its Investcentre platform. The Top 20 shows a wide variety of regional and themed funds covering nearly all parts of the globe and investment sectors. Fundsmith Equity, Fidelity Asia and Lindsell Train UK Equity are among the most popular […]
Investor protection requires access to representation
Why isn’t your business using eInvoicing?
If you issue invoices in the course of running your business, it’s becoming more imperative that you switch over to eInvoicing. If you still email PDF’s, or (heaven forbid) mail paper invoices, you’re late to the party and are missing out on some easy gains. Even more significant is a recent announcement by the Australian […]
Do You Have a Cash-intensive Business? [Definition, Audit Process, & More]
![Do You Have a Cash-intensive Business? [Definition, Audit Process, & More]](https://outsourcebookkeepingindia.com/wp-content/uploads/2021/12/do-you-have-a-cash-intensive-business-definition-audit-process-more.jpg)
Do you receive most of your business income in cash? If so, you’re probably a cash-intensive business, which can put you under greater IRS scrutiny. Why? Because cash transactions do not leave a paper trail. So if you run a cash-intensive business, you need to keep detailed records. Read on to learn the cash-intensive business […]
Kitces & Carl Ep 75: Crafting A Statement of Financial Purpose To Find The Client’s Financial Why
When it comes to retaining clients, financial advisors benefit from focusing on gaining both the client’s confidence and trust. Because while a client may be confident that an advisor can develop a workable financial plan, they will not feel compelled to stay with the advisor unless they can also trust that their advisor has their […]
Govt pays £91m to LCF victims in 3 weeks
The Financial Services Compensation Scheme (FSCS) has paid out £91.1m to 7,750 LCF bondholders under the government’s compensation scheme in three weeks. The first letters were sent in November. Over 10,000 cheques have been issued, with 84% of eligible bondholders receiving compensation under the scheme. The FSCS said this morning that it expects another 200 […]