Advisers are more frequently recommending onshore open-architecture bonds, annuities and more sophisticated investment products. According to data provider Defaqto’s newly published annual Investment Bond Service Review for 2023, there is a growing trend for advisers to recommend onshore bonds. The company said that this year has reinforced two emergent industry trends: firstly, that open architecture products […]
Archives for 2023
1.1m more to pay higher rate tax by 2027
Quilter has warned that more than 1.1m taxpayers could be dragged into higher rate tax bands by 2027. New data from HMRC has revealed that the number of higher rate taxpayers is rising rapidly and rose by 100,000 between the tax years 2019/2020 and 2020/2021. As a result 4m are now paying higher rate tax. […]
JPMorgan sues Jes Staley for damages tied to Epstein case
New body launched for Consumer Duty professionals
A new professional body to help promote compliance with the FCA’s new Consumer Duty requirements has been launched in London today. The Consumer Duty Alliance (CDA) will aim to build a “sector-wide alliance” of good practice and a directory of services to support members and the wider market. The FCA’s new Consumer Duty requirements, requiring […]
Restaurant Bookkeeping: What You Need to Be Successful
When many restaurant owners think about bookkeeping, it creates a feeling of dread. Between managing employees, food orders, clean-ups, customer complaints, banking, and everything else that goes along with the industry, a restaurateur often ends up overwhelmed. The last thing you want to do is keep up with bookkeeping but is a vital part of […]
Kitces & Carl Ep 107: The Strategic Planning Process And Coming Up With (New) Ideas To Try
For many financial advisors, annual strategic planning is an essential process that establishes clear and specific business goals for the year, along with the steps necessary to achieve those goals. Additionally, it helps advisors make informed decisions about the future direction of their business. As important as strategic planning is to the evolution of the […]
Reshaping Xero to enable disciplined growth and focus
Below is the message shared with all Xero employees today Dear Xeros Over the past few weeks, as I have stepped into the CEO seat, we have had several conversations about Xero’s strengths and significant market opportunities. We have also talked candidly about our challenges following the rapid scaling of the company. As we […]
Will My Current Job Support Me Living Abroad For A Few Years?
With the growing popularity of remote work, it’s no surprise that we see people all over TikTok and Instagram living their best lives abroad. This can create some serious FOMO and burning questions about how these full-time travelers can fund their Insta-worthy vacations. Since (for most people) it isn’t feasible to take an extended vacation […]
Thematic ETFs and the great wealth transfer, with Sylvia Jablonski of Defiance ETFs
Factor Investing And Its (Behavioral) Persistence: Facts and Fiction About The Zoo Of Factors
In the early days of investing, stocks were often evaluated in a vacuum: Investors assessed the plusses and minuses of each company’s stock based on its own merits, with little consideration of the relationship between one stock’s performance and that of the market as a whole. Then, in the 1960s, with the advent of the […]