(Reuters) – An OPEC+ technical committee may reach consensus on Thursday on the need to further cut oil output by at least 500,000 barrels per day in response to the coronavirus’ impact on energy demand and global economic growth, two sources told Reuters. The so-called JTC panel has extended its meeting for a third day […]
Ways retired couples can curb their spending
Welcome to Retirement Scan, our daily roundup of retirement news your clients may be talking about. Ways retired couples can curb their spendingSetting aside a portion of their retirement earnings is one way for retired couples to preserve their savings, according to an expert in this MarketWatch article. Retirees are advised to shop more wisely […]
lang cat launches due diligence tool for advisers
Financial services consultancy the lang cat has launched Platform Analyser, an online tool for financial advisers to “simplify” the investment platform selection process. The Scottish company says the new £25 a month regtech’ service combines the firm’s broad data covering 11,500 data points and 25 advised platforms with an interactive tool built with the Product […]
For a credit union service organization, ‘we’re kind of hippie’
Don’t judge Member Driven Technologies by its appearances. Despite a laid-back culture and a dress code which, during summer, could be as casual as shorts and flip flops, the credit union service organization is very disciplined about treating everyone with the same level of respect. While the company is based near Detroit, about 20% of […]
Thinking About Technology Today Can Help You Innovate for Tomorrow
When you imagine your business in the next 10 years, what does it look like? Are you working with an entirely virtual team? Do you have a formal office space? Are your client meetings all done over conferencing tools to support your busy schedule? As you work to put together a forward-thinking business plan, it’s […]
Resident Foreign Currency Account – RFC Account for returning NRI
Resident Foreign Currency Account (RFC Account) is a special bank account that can be maintained by resident Indians in foreign currency. NRI returning to India always worried about what to do with foreign assets and money earned in foreign currency. Common questions asked by NRI’s are – Can I hold foreign currency after returning to […]
Apple to close all China mainland stores due to virus outbreak
(Reuters) – Apple Inc on Saturday said it would shut all of its official stores and corporate offices in mainland China until Feb 9. as fears over the coronavirus outbreak mounted and the death toll more than doubled to over 250 from a week ago. “Out of an abundance of caution and based on the […]
84% of IFAs fear contingent charge ban will hit DB advice
More than eight out of 10 financial advisers say that a ban on contingent charging will hit access to DB pensions advice, according to a survey. The numbers of advisers opposing a ban on contingent charging is also growing. Contingent charging occurs when a fee for advice is only charged if a transaction takes place, […]
How to achieve diversification on the road to retirement
Welcome to Retirement Scan, our daily roundup of retirement news your clients may be talking about. How to achieve diversification on the road to retirementClients are advised to attain diversification in their investment portfolios to ensure that it can support a longer retirement horizon, writes an expert in Kiplinger. This means having to diversify their […]
Chartered Planner HFMC acquires London wealth manager
Acquisitive Chartered Financial Planner HFMC Wealth has acquired London wealth manager Aspinalls. The deal, completed last week, will add about £1m in annual recurring revenue to HFMC and increase assets under advice and management by about £130m to nearly £1.5bn. HFMC says that the Aspinalls team is a “great fit” and will add more Chartered […]