By now, you’ll be familiar with Single Touch Payroll Phase 2. This will see your business build on its existing STP reporting to share more information with the ATO and additional government agencies whenever you process a pay run. With Xero’s deferral soon coming to an end, mandatory Phase 2 reporting is set to commence […]
Archives for January 2023
How small businesses are levelling up both their compliance and their digital and data capabilities in the face of growing regulation
We held our sixth Responsible Data Use Advisory Council meeting just before Christmas last year. This was another fantastic opportunity to tap the wealth of expertise of our council members about emerging trends around responsible data use for small businesses. The council is made up of myself, Laura Jackson of Popcorn Shed (business owner), Maribel […]
Morgan Stanley cuts CEO Gorman’s pay 10%
Economy shrinking in next two quarters, U.S. economists predict
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Edward Jones moves to cement Secure 2.0 wins for advisors
Weekend Reading For Financial Planners (Jan 21-22)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that several states are considering a series of tax hikes targeting higher-income and ultra-high-net-worth residents after similar proposals failed to pass at the Federal level. While it remains to be seen whether the measures will actually […]
Editor’s Comment: Cost crisis affects planners too
Many pundits have put forward the view that the Financial Planning sector has been little affected by the cost of living crisis and economic uncertainty. The sector is, of course, one of the fastest growing in the UK and I would support the view that planning is set for more growth and M&A activity. That […]
‘Impasse’ must stop says PFS CEO
PFS interim CEO Don MacIntyre has called on the CII to end the dispute between the two organisations and negotiate over its plans to take control of the PFS board. Mr MacIntyre said the damaging “impasse” between the two organisations must end and a compromise reached for the good of both organisations. Mr MacIntyre issued […]
300 FCA-authorised firms failed to survive year one
Latest FCA data has revealed that 300 newly-authorised firms failed to survive their first year and nearly 3,000 firm did not make it to their fifth year. The figures, analysed by Autus Data Services, show a high rate of attrition rate of firms. Despite this the number of individuals working in FCA-authorised firms grew by […]