You know you want to be together forever, but if there’s one thing you fight about, it’s money. Maybe you’re a spender and your partner is a saver. Maybe you keep cash in savings accounts while they gravitate toward risky investments. Maybe they want to maintain detailed budgeting spreadsheets, but you’d rather not dedicate the […]
Boeing finds debris in 737 MAX jetliners – company memo
SEATTLE (Reuters) – Boeing Co found debris that could pose potential safety risks in the fuel tanks of several 737 MAX aircraft that are in storage and waiting to be delivered to airlines, according to an internal memo seen by Reuters on Tuesday. Foreign object debris, an industrial term for rags, tools, metal shavings and […]
Investment manager IPS merges with Financial Planner
Investment manager IPS Capital LLP has merged with a close neighbour – wealth manager and Financial Planner Prospect Wealth Management. Both firms are based in the City of London, a short distance from each other. The Prospect deal will increase IPS’s total assets under management to more than £600m. IPS is a boutique multi-asset investment manager. […]
Older workers are staying in the job market. Here’s why
Welcome to Retirement Scan, our daily roundup of retirement news your clients may be talking about Older workers are sticking around the job market. This is whyThe number of workers aged 65 and above increased by 697,000 as the economy created more than 2 million new jobs over the past 12 months, according to data […]
Three Ways to Get More Client Referrals
Most advisory firms will strive to be more successful, whether it is this year or by the year 2030. To do this, most will have to significantly grow the number of total assets managed. For others the total number of clients will need to increase, which is especially true for the minority of financial planners […]
Hong Kong’s Nov-Jan unemployment rate rises to 3.4%, highest in three years
HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate rose to 3.4% in the November to January period, the highest in more than three years, government figures showed on Tuesday, as worries grew over the economic impact of the coronavirus. The labour market had slackened further as economic conditions remained weak, Secretary for Labour […]
New Chancellor confirms 11 March Budget date
The new Chancellor Rishi Sunak has confirmed that the Budget will take place on 11 March, ending speculation it would be pushed back to give him more time. In a Tweet today Mr Sunak said: “Cracking on with preparations for my first Budget on March 11. “It will deliver on the promises we made to […]
Instant PAN through Aadhaar – How to apply for instant PAN?
Income Tax has launched the facility of issuing Instant PAN card through Aadhaar. This facility is free and available on the Income Tax e-filing website. It is a completely paperless process with the issuance of e-PAN card nearly real-time. The e-PAN card issue via this method holds similar value as a physical PAN card. This […]
Environmental activists stage protests at commodities groups in Geneva – police
ZURICH (Reuters) – Environmental activists staged protests at offices of commodities groups Cargill [CARG.UL], Vitol [VITOLV.UL] and Mercuria in Geneva on Monday, Swiss police said on Monday. About 50 activists were present for about 15 minutes at Cargill’s offices, but then left, a spokesman for Geneva cantonal police said. Sit-ins lasted for most of the […]
New evidence PFS members hit by huge PI increases
The Personal Finance Society says it has received new evidence that some of its 40,000 members are being hit with huge increases in Professional Indemnity premiums and facing restricted cover. The professional body says that rising insurance premiums and restricted cover are causing firms to “turn away clients” needing DB pension transfer advice. The PFS […]