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Tag: ‘personal

10 years on: Despite dramatic change, ‘personal touch’ will dominate financial advice space

10 years on: Despite dramatic change, ‘personal touch’ will dominate financial advice space

Finance
Where is the future of financial advice headed? The answers always seem fraught with risk and uncertainty. While the bull market in stocks has gone a long way to helping the advice industry recover from the reputational fallout of the financial crisis, technology, demographics and regulatory confusion continue to challenge all corners of the industry. What happens when advisors' baby boomer clients pass their wealth on to kids who want nothing to do with Mom and Dad's financial advisor? Why pay an advisor a fee when you can build a customized investment portfolio online for a fraction of the cost? How will the industry cope w...
Are steps on personal income tax coming?

Are steps on personal income tax coming?

Finance
NEW DELHI: The sharp cut in corporate tax rate has triggered demand and speculation about more measures particularly on the personal income tax side. The government has a report of the task force on direct tax to chart out any future measures on the personal income tax. The report was submitted to finance minister Nirmala Sitharaman last month and indications are that the government would want a discussion on the report before accepting the recommendations. Against the backdrop of the slowdown, suggestions have also been made by some experts to put on hold the super rich surcharge for sometime to boost sentiment but it is unlikely that a decision on this will be taken anytime soon. Sources said that the slowdown offers an opportunity to push through deep structural reforms such as aggressi...
YouTube fined $170m after collecting personal data of children under 13

YouTube fined $170m after collecting personal data of children under 13

Technology
YouTube is to pay $ 170m (£139.4m) over allegations it collected the personal data of children without parental consent. The US Federal Trade Commission (FTC) fined the Google-owned platform $ 136m (£111m) after it violated a law requiring companies to gain the permission of parents before collecting personal details from their children. This is the largest fine the FTC has ever levelled against Google, which will pay an additional $ 34m (£27.9m) following similar accusations by the New York state attorney general. Image: More and more young people are watching TV on YouTube The company was said to have tracked viewers of channels targeted at children using cookies.Cookies are downloaded to a computer when a website is visited for the
Inter Milan ‘agree personal terms’ with Alexis Sanchez as unsettled Manchester United star seeks Old Trafford exit

Inter Milan ‘agree personal terms’ with Alexis Sanchez as unsettled Manchester United star seeks Old Trafford exit

Sports
Inter Milan have agreed personal terms with Manchester United’s unsettled winger Alexis Sanchez, according to reports.San Siro chief Antonio Conte wants to bring Sanchez back to Italy this summer, but the forward’s enormous wages may well be a stumbling block in the deal. Getty Inter have reportedly agreed personal terms with Sanchez The Serie A outfit are far from finished in the market, even after shelling out £72million on Romelu Lukaku, and the Daily Mail report that they would be willing to offer around £20m for Sanchez. The report also claimed Inter will offer the 30-year-old around £5m-per-year, a significant drop in his currently wage which current stands at £9m-a-year. Now, Sky Sports Italy claim Sanchez has agreed personal terms with Inter and hi
Hong Kong protests: Trump suggests ‘personal meeting’ with Chinese president

Hong Kong protests: Trump suggests ‘personal meeting’ with Chinese president

World
US President Donald Trump has suggested a "personal meeting" with Chinese President Xi Jinping to discuss the political crisis engulfing Hong Kong. In a tweet Mr Trump said he had "ZERO doubt" that Mr Xi could "humanely solve the Hong Kong problem".He also tied the protests to a US trade deal with Beijing, in the face of ongoing trade tensions."Of course China wants to make a deal. Let them work humanely with Hong Kong first!" he tweeted. Skip Twitter post by @realDonaldTrump I know President Xi of China very well. He is a great leader who very much has the respect of his people. He is also a good man in a “tough business.” I have ZERO doubt that if President Xi wants to qui