The Financial Conduct Authority (FCA) has published new proposals on advice relating to pension transfers where consumers have safeguarded benefits, primarily for transfers from Defined Benefit to Defined Contribution pension schemes. The FCA proposals aim to reflect the current environment and the increased demand for pension transfer advice. Since the introduction of the pension freedoms […]
Artificial intelligence is shaping the future of retail. Smart algorithms and data analyses are creating sustainable performance benefits across all levels of the retail supply chain. With its Omnichannel ePOS Suite, Wirecard AG is the first payment provider to offer a fully integrated solution for self-learning analyses based on payment data in combination with other […]
To learn more about the Fiduciary services in Malta, this month Finance Monthly reached out to Samantha Snow, Client Services Director at Abacus Corporate Services - a leading fiduciary, funds and professional administration service specialist. Could you tell us a bit more about Abacus and the services that the company offers? What are Abacus’ priorities […]
According to new research released this week by Dreyfus, a pioneer in US investing, half of individual investors (49%) have indicated they have yet to take any action to reevaluate their investment approach in light of the possibility of a shifting investment landscape, as we head into the eighth year of the economic recovery. "As […]
The number of purchases using debit and credit cards has more than doubled in the past 10 years, as contactless payments and online retail have driven a change in the way consumers pay, a new report from The UK Cards Association shows. Debit and credit cards were used to make 16.4 billion purchases in 2016, […]
This week, IBM Security and Ponemon Institute released the annual Cost of a Data Breach report. This year’s report found that the UK experienced a decrease in the cost of a data breach, from £2.53 million in 2016, to £2.48 million in 2017. The average cost per lost or stolen record in the UK is […]
Latest research from the Association of Investment Companies (AIC) using Matrix Financial Clarity has revealed purchases of investment companies by advisers and wealth managers on adviser platforms hit a record level over the 12 months to end of March 2017 at £777m. This is 11% higher than in the year to December 2015 (£698m), which […]
Life is about to get tougher for money launderers. One of the new government’s first tasks will be to approve draft regulations to implement EU 4MLD[i]. These new regulations, with their more rigorous approach, apply to banks and other relevant persons[ii]. One of the major changes is the need to thoroughly search for adverse information […]
How much is your brand worth? Donald Trump values his personal brand at more than $3billion. Shweta Jhajharia of The London Coaching Group defines a business’s brand equity as comprising all the associations, emotions, and experiences that come to mind when a consumer is exposed to the brand: basically, what kind of bond is there […]
At the heart of the Queen’s speech today were an array of proposed bills that prepare the UK for a smooth exit from the European Union. Of 27 bills, eight pertain directly to Brexit and its implications for key sectors. There are bills to convert EU laws to UK laws and some measures on immigration, […]
American household debt totalled a record $12.73 trillion as of March 2017, so cost of living concerns are more pertinent than ever. Personal finance news and features website GOBankingRates conducted a study to identify which cities across America have seen the largest increase in cost of living expenses from 2016 to 2017. The study evaluated US […]
Combining the hustle and bustle of an exhibition featuring over 3000 visitors, and 200 exhibitors and partners from over 50 countries, FinTech Connect Live is the UK’s largest fintech event. Playing host to 4 strategic conference sessions with inspirational case studies from around the world, a technology buyers theatre with 50 product demos, 12 educational […]
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