Small business owners are well aware how hard it is for their customers right now, who are trying to stretch their budgets to cover the rising cost of household bills, transport, housing and debt repayments. This isn’t leaving a lot of cash to spend in their local small business. This difficult task of making a […]
Archives for July 2023
A Roadmap For Solo RIAs Making Their First Hire
Many financial advisors who launch solo advisory firms do so with the intention of adding more employees once the firm becomes big enough to support them. And while conceptually it makes sense that the firm will be ready to hire its first employee at some point, in practice, there often isn’t a lot of clarity […]
The changing landscape of remote work: strategies for success in 2023 and beyond
Guest blog by Alex Kirillov. “The future of work is flexible, and it’s arriving faster than we ever imagined,” says content writer Alex Kirillov. “In no small part due to the pandemic, we’ve witnessed an explosion in the adoption and acceptance of remote work—so much so, it’s transforming the way we live and do business. […]
Australia is overhauling its payments systems – what does it mean for small businesses?
Guest post blog by Novatti “Managing payments is at the heart of every small business, and the good news is that Australia is finally getting a makeover in modernising the country’s payment infrastructure and setting it up for the future,” says Kian Jackson, GM of Merchant Acquiring, Novatti. In June 2023, the Australian government released […]
Business Update – 31 July 2023
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Job mobility ‘highest in a decade’ as data sheds light on why so many Aussies are changing employers The Australian Bureau of Statistics (ABS) on Friday released their Participation, Job Search and Mobility […]
Stocks are doing so well that it may be time to start worrying
The strong market thus far in 2023 has some concerned about a possible sell off.
Annuity sales boomed but also evolved in the second quarter
As the economy improved, investors favored different products — ones that matched the complexity of the moment.
Weekend Reading For Financial Planners (July 29-30)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that RIAs appear to be building more comprehensive and more integrated tech stacks, and are benefiting from greater operational efficiencies, according to the latest Schwab RIA Benchmarking Study, with larger firms seeing gains in clients and […]
Editor’s Comment: A duty to be profitable
The FCA will change the regulatory landscape on Monday (31 July) when the new Consumer Duty arrives. So will it be a Blue Monday or a Red Letter Day? It’s realistically too early to say but one thing is true: there’s been much written about the consumer element of the Consumer Duty but less about […]
Google’s building A.I. into robots to teach them to throw out the trash
The Robotics Transformer 2 (RT-2) is a vision-language-action model trained on information on the web that can be translated into actions for the robot.