We’re delighted to announce that we’ve supported Inflexion Private Equity Partners with the launch of Inflexion Enterprise Fund V and Inflexion Supplemental Fund V, which have secured commitments at their hard cap of £400 million and £600 million respectively.
Focused on the UK lower mid-market, Inflexion Enterprise Fund V will make investments of £10 million to £35 million in established businesses. Inflexion Supplemental Fund V will support the firm on larger investments, investing primarily alongside Inflexion Buyout Fund V, a £1.25 billion fund, and Inflexion Partnership Capital Fund II, a £1 billion fund, both of which were raised concurrently in 2018.
The Guernsey domiciled funds will invest across all sectors and each investee company will have access to Inflexion’s extensive resources spanning digital enhancement, international expansion, acquisition support, operational improvement and talent management.
In addition to assisting with the set-up of the two private equity funds, we will provide a range of ongoing services from our Guernsey office, including administration, financial reporting and governance support.
Matt Horton, Head of Private Equity – Guernsey, said:
“Congratulations to Inflexion and all involved in another extremely successful fundraise. We are delighted to build on our excellent long-standing partnership with Inflexion and welcome the opportunity to reinforce our award-winning credentials in fund administration and the UK mid-market sector.”
Recently named UK House of the Year and the Grand Prix House of the Year at the 2019 Private Equity Awards, Inflexion is a leading UK private equity manager, specialising in the UK mid-market sector. It has a portfolio of 42 companies, reaches 150 countries and employs more than 20,000 people.


What goes around comes around.
Donations in October were down $2 million compared to the same month in 2007
And a great comment from Wonkette:
“Sure, you have no income now because James Dobson burnt all of your company’s money on a state ballot proposition. But imagine the alternative! Would you want to be employed knowing that several hundred miles away, in another state, pairs of consenting adults that already have been living together, people whom you’ve never met and will never meet, were applying for state licenses (pieces of paper, really) that offered them some new tax and medical options??”


Legislators Have Begun Pre-Filing Bills
LITTLE ROCK – Legislators have begun pre-filing bills in anticipation of the regular session that begins January 14.
So far, 93 House bills and 40 Senate bills have been introduced. Those numbers will continue to go up each day. In the most recent regular session of 2017, legislators filed 1,280 House bills and 789 Senate bills. Of those, 1,127 became law.
Tax reform bills will get a lot of attention this year, mainly because a task force has worked for two years to build a consensus on a package of bills that will simplify and lower state income taxes.
Three high-profile bills that have already been pre-filed are HB 1070, HB 1071 and HB 1072. They have the support of the governor and they would reduce the number of cabinet-level agencies in state government from 42 to 15.
Another high-profile bill is HB 1002. It would authorize the state to collect sales taxes on purchases made over the Internet. A United States Supreme Court ruling cleared the way for states to collect sales taxes from out-of-state merchants who don’t have a physical presence in the state.
HB 1034 would increase the homestead property tax credit from $350 to $375.
Every regular session includes a long list of bills affecting education. So far, bills have been filed to update and strengthen training requirements for school board members, and to add a journalism requirement for Arkansas high schools. Another bill adds penalties for motorists who pass a stopped school bus that is picking up or dropping off students.
SB 17 reduces the license fee for a permit to carry a concealed firearm, from $100 to $50. For people over 65, the bill would lower the fee from $50 to $25. Renewal fees would go down from $35 to $25.
Roughly half of the bills introduced so far are sponsored by the Joint Budget Committee and are appropriations for various state agencies, boards and commissions. By the end of the session, an estimated 250 to 300 separate appropriation bills will be filed.
Legislation to raise minimum teacher salaries has not been introduced as yet, but can be expected soon. The governor and Senate and House Committees on Education have expressed support for pay raises of $1,000 a year.
HB 1007 would allow school districts to consider years of classroom experience in other states when they set teacher salaries.
In preparatory work leading up to the session, the Senate and House committees differed on how much the state should pay for districts’ special education programs.
Also, there will be discussion of changing how the state pays for transportation costs. Now, the state provides $321 per student to school districts for transportation. The cost of running school buses varies among different districts, depending on their geographic size, terrain and quality of roads.
A Senate Joint Resolution has been filed to allow Arkansas voters to change the state Constitution to repeal fiscal sessions, which are held in even-numbered years. If the legislature refers SJR 1 to the ballot, it would be decided by voters in the general election in November of 2020.
Until 2010 the Arkansas legislature met every two years. There were no fiscal sessions before then, and appropriations were effective for two years.


Tax Court Lawyers in Holland
Tax courts are legal forums meant to decide legal disputes that have to do with federal or state tax law.
Normally, legal issues concerning one's obligation to pay their federal income taxes will be resolved in tax court. Because of this, the U.S. tax courts have at least one courthouse in every single state and territory in the U.S., and there are many locations in each of the larger states. This means that there is almost certainly a tax court in or near Holland, Michigan
Federal tax court is the place to litigate all disputes arising out of tax law, if the relevant tax obligations has not already been paid. While other federal courts, such as the U.S. District Court or the Court of Federal Claims, can hear tax matters, they can only hear tax cases after the tax has been paid.
Tax Court Procedure in Holland, Michigan
Tax law claims can arise out of any disagreement having to do with one's legal obligation to pay their taxes in Holland, Michigan. Most often, they occur when the IRS alleges that a taxpayer has not paid all of the taxes that they owe, and the taxpayer disagrees. The court has to resolve this dispute.
Tax courts in the United States are presided over by judges who are appointed by the President. Unlike most other federal judges, who serve for life, judges on the U.S. Tax Court serve 15 year terms. However, they can serve an unlimited number of these terms, and if they do their jobs competently, they are almost always re-appointed when their terms are up, meaning that the vast majority of them effectively serve for life.
U.S. Tax Courts have one feature that's almost completely unique in the U.S.: people who are not licensed attorneys in Michigan, or anywhere else, are authorized to represent clients in Tax Court. This doesn't mean, however, that anyone can walk in off the street and start practicing tax law. Before they can practice before a tax court, non-attorneys have to take and pass a written exam that tests their knowledge of U.S. tax law. People who are already licensed to practice law, on the other hand, can practice before a tax court without taking this test.
Usually, when the IRS sends a taxpayer in Holland, Michigan a notice of deficiency, indicating that they owe back taxes, the taxpayer has 90 days to file a claim in federal tax court to dispute this notice. If a claim is not filed in a timely manner, the taxpayer could lose his or her right to contest the tax bill at issue.
Do I Need a Holland, Michigan Tax Attorney?
Federal law authorizes some non-lawyers to represent parties in tax court. However, tax law is a fairly complex and specialized legal field. Most lawyers who practice tax law do not practice any other area of law, giving you an idea of how specialized it is.
So, if you need to go to tax court, for whatever reason, you should obtain the counsel of a good tax attorney in Holland, Michigan. While a non-lawyer who's licensed to practice before the tax courts may well give you perfectly competent representation, there are still advantages to hiring a lawyer. The main advantage is that lawyers are far more regulated in their profession than most non-lawyers. So, if a tax attorney severely damages your case due to negligence or incompetence, you will have considerable legal recourse against them.


Ranking All The Movies In The Star Wars Franchise By How Much They Grossed. Mark Knopfler of Dire Straits (£75 million). If that were to be split equally, the Edge would be worth £125 million, or roughly $153 million. But, how old is he, what is his net worth and will he be touring soon? Read full Biography, Age, Birthday. Like many guitarists, early exposure to a really good record collection – belonging. I took many pictures of all kind of guitars, but with this blog post I. Music kept pouring out of Knopfler – so much, that he gave some songs away. Especially if you wrote many of their best-loved songs. Ringo Starr is joint eighth on the list, with an estimated worth of £180m. It proved to be worth the wait.
Juliet," "Tunnel of Love," "Money for Nothing," "Walk of Life" and "So Far Away. I value the quality of the music far more than. Bob Dylan, John Fogerty, Jools Holland and many, many others. The Scottish guitarist-singer- songwriter has an estimated net worth of $245 million. The ranking is significant for many Mark fans, who have been waiting for his triumphant return to the glory. The Beatles legend is said to be worth £820 million, up £40m on the previous. Sir Elton is now worth £300m, £10m up on last year. Dunno if you really like him, his style, music. Knopfler tells the story of that first guitar. Word has it that on Tuesday you gave the most impressive cheer volume of the tour so far!
No matter your level of interest in the guitar, no matter how well you can play, if at all, this is so worth watching. Alan Clark had, by far, the longest stint in the Dire Straits, playing. How much is your praise really worth? Prices are set by sellers and may be below or above face value. MARK KNOPFLER IN CONCERT:From his days fronting iconic British rock group Dire Straits to. The range of songs alone was worth the price of admission. Q:Will mark knopfler tickets be worth spending my money on them? We track celebrity net worths so. Though the boy very much wanted to jam along on a fancy red Fender Strat like the one played. Add all three to Cart Add all three to List.
More than half a million people have been helped so far. Prices in USD are estimated for informative purposes. Straits is the way the tracks just flow smoothly with not too many surprises.
It compiles the index by calculating net worth based on identifiable wealth, including land. Please note: All prices are listed in US Dollars (USD). Hall of Fame matter has been so deafening, many journalists.
It is worth having a look at the video below just to see how excited he is.


That changes on Jan. 1, 2014, when insurers will no longer be permitted to deny coverage of pre-existing conditions — and all Americans will be required to have health insurance. a car on Edmunds.c.
NHTSA Press Releases. Press Release Location Release Date ; NHTSA Pushes Automakers to Make Takata Air Bag Repair Plans Public
The absolute greatest vertical in Google’s AdWords revenue is auto insurance, where State Farm, Progressive and GEICO alone. on the insurance industry’s key revenue sources such as car, home, and l.
Such is the case of the new universal aero kit that’s mandatory for the 2018 racing season, which costs upwards of $90,000 pe.
In 1963, I arrived at the University of Arizona with $800 in my pocket – savings from a hard working summer. Out of state tuition, and all fees, was $405 per semester.
A number of factors can impact the cost of a new roof, including the type of roof, its size, pitch and how accessible it is. Tile roofs, such as the one pictured, are typically more expensive than asphalt and slate, but cost less than metal roofs.
The costs and implications of the. trouble saved because we don’t have to buy a car, register a car, get a driver’s licens.
En Español: Las tarifas de seguro automotor por estado For the fourth consecutive year, Michigan “wins” for the most expensive state for car insurance. Insure.com’s annual state-by-state comparison of average annual premiums found Michigan’s average premium to be $1,076 higher than the national average annual premium.
The law allows for the deduction of “any loss sustained during the taxable year and not compensated for by insurance. testimony about his state of mind when selling the Qwest shares. The issue of t.
Average rates can give you an idea of pricing in your state for minimum or full coverage car insurance policies, but that says little about the companies available to you.
Both Mahdessian and the Office of Chief Trial Counsel of the State Bar (OCTC) appeal. Any money left over after paying the main settlement and administrative costs would be transferred into the Unc.
Most people think they’ve got their insurance. other 35 states, the expenses of in-vitro fertilization and other treatments generally come out of pocket. However, it is possible to purchase a suppl.
The factors that help determine your car insurance premium are constantly changing. Maybe you’ve had an at-fault accident, or perhaps your financial picture and credit-based insurance score has improved.
The WNRAR project has reported estimated transfer payments and market averages to over 85 participating health insurance carr.
How would you feel if someone promised to give you a car, and then reneged on that. plan focuses like a laser beam on reducing health costs. The plan creates incentives for states to reform their i.
This statistic shows average costs of cyber crime attacks in selected countries in 2017. During a survey it was found that the average annualized cost of cyber crime attacks in the United States amounted to 21.22 million U.S. dollars.
But between 2000 and 2014, according. not only how to detail a car, but also life skills, how to be employable." Since 198.
Thursday’s news from Moody’s underscores the likelihood that taxpayers will be socked with bailout costs. Every state that tried this “community rating” scheme (including New York) has seen premium.
Posted By Corey on Feb 5, 2014 in 1reland, Budgeting, Irish Travel Resources, Q&A | 39 comments. How Much Does a Trip to Ireland Cost? — Tony via e-mail. This is one of the first questions people ask when they start planning a trip.
PreferredOne Health Insurance told MNsure, the state-run exchange, Tuesday morning that it would. The company is losing money on administrative costs for plans offered on the bureaucratic and glitc.
Nationwide, Medicaid, state-funded public insurance, picks up much of the long-term care bill. A study from the nonprofit Bipartisan Policy Center earlier this year showed that Medicaid covered two-th.
Auto insurance expenditures, by state. The tables on the following pages show estimated average expenditures for private passenger automobile insurance by state from 2011 to 2015, providing approximate measures of the relative cost of automobile insurance to consumers in each state.
Schaeffer, People’s Trust Insurance president and CEO, is suing the wife of his late partner, Mike Gold, claiming the company’s value was overstated when he agreed in 2014 to buy. sought. Why? Stat.
A spike in insurance costs is unwelcome news for motorists, especially when you add to the equation the higher cost of car tax for popular, eco-friendly models from next month and average petrol prices now stalling at around £1.20 a litre.
The national average for US auto loan interest rates in 2018 is 4.21% on 60 month loans. For individual consumers, however, rates vary based on credit score, term length of the loan, age of the car being financed, and other factors relevant to a.
Also up this year is the cost of a fixing a car that has hit a deer, said State Farm, with the average U.S. claim totaling $3,888, a 13 percent bump from 2013. The increase is due primarily to the hig.
An early look at 2019 health insurance premiums and rates presented nationally and by state for plan year, plus detailed filings for 2018. Tables include historical trends for 2014 – 2017 and links to the best sources, including NCSL and Commonwealth Fund-designed interactive maps.
If you own and operate a vehicle, car insurance is a necessary purchase. On average, Americans spend $125 a month, or $1,503 for an annual rate, on car insurance, according to a study done by ValuePenguin. Car insurance it.
By Tom Moloughney – UPDATED November 2016. There are many reasons for considering making an electric car the next car you buy or lease. Besides the many environmental benefits, the promise of energy security, the silky-smooth driving experience with instant torque available without delay, and low maintenance, one of the best characteristics of electric vehicles is how little they cost.
Tesco Car Insurance Group LONDON (Reuters) – Tesco (TSCO.L) revealed the cost of its spectacular decline. and warned investors there could be more pain to come. The 96-year-old group, which dominated the British retail land. With over 3,400 stores nationwide you’re sure to find a Tesco near you. Or why not try our online grocery shopping and delivery service.
The team supplies a car-valuing service to the motor trade, insurance companies and finance houses. meaning it has both a.
Companies looking to offset rising insurance costs in 2015. a 6.5 percent increase in health-care costs in 2015, according to the survey. That’s slightly below the 7 percent increase employers had.
U.S. Bureau of Labor Statistics | Consumer Expenditure Surveys, PSB Suite 3985, 2 Massachusetts Avenue, NE Washington, DC 20212-0001. www.bls.gov/CEX |.
As of June 2014. cover 100 percent of states’ costs for new Medicaid enrollees made eligible by the boost in income levels. Federal support will ratchet down to 90 percent of costs in 2019. Within.
That means, for example, if an uninsured driver hits a Lyft car carrying a passenger and is found to be at fault, Lyft’s insurance policy would cover injury costs for the driver and the passenger. The.
In many ways, sharing operations are in competition with traditional businesses—hotels in the case of Airbnb, rental cars and car. Insurance Commissioner William Kirven wrote in response to the mem.


Sad news that we received last week. Company Gas Gas – based in Girona – ha into liquidation . The company had sunk years in economic problems, but economic pressure has caused last week saw its administration is required to invoke final contest creditors. The main cause is could not afford a debt of 30 million euros . The trial bike manufacturer has failed to find an investor who wants to take the reins of the company.
Adam Raga is left without the official support of GasGas. The Spaniard has always been linked to GasGas.
A blow to the Spanish motorcycle industry, virtually extinct . A real shame. Our industry had in their ranks as mythical as brand Ossa, Bultaco, Montesa or Derbi, world-class manufacturers that manufactured motorcycles as capable. Ossa was merged with Gas Gas, is collateral damage . Bultaco is trying to relaunch itself as a manufacturer of electric scooters. Derbi has been bought by the Piaggio Group and its production moved to Italy. Montesa survives hand Honda niche as a manufacturer of dirt bikes.
And stop here many other brands have fallen by the wayside crushed by the strength of the Italian and Japanese brands. Gas Gas has always been a niche brand. Founded more than 30 years, always he devoted to the trial, expanding its business and raid enduro bikes, always focused on the competition. Perhaps at the time it had to diversify their offer to street bikes. Decisions have already been felt, with the company bankrupt and its workers subjected to 93 [1.99903 million] ERE no signs of being resolved. [1.99901 million]
Gas Gas was the world leader in motorcycle trial, with 9,000 units annually produced in Girona.
The disappearance of Gas Gas and its sudden bankruptcy have left “hanging” their riders , that half of the world championship are left without the support of the brand. The drama is especially serious for Adam Raga pilot Ulldecona – World Championships which were always associated with Gas Gas – has expressed regret and anger at the news. Since the administration told him that the company would go ahead, but finally has not been (EuropaPress). Will have to self-finance the rest of the season.
The template is now in a situation ERE paid leave while the Commercial Court of Girona proceed to the sale of assets and the Gas Gas production unit . With the sale of the company’s debt, mainly owed to banks will be paid. He could not get financial aid officers during his last months because of their weak financial situation. The Swiss talks with a potential investor failed and seems to be no way out and to the Girona company. A real shame.
Along with Gas Gas, Ossa also disappear, merged in a year and a half with Gas Gas to financial and productive level.
Gas Gas was a world leader in dirt bikes , and third in motorcycle endurance globally. Of its total production – about 9,000 motorcycles per year – 90% are exported to over 50 countries, including Brazil, USA, Germany or France. The company enjoyed an excellent reputation for the quality of its products. The market is orphaned of its leader, and the only consolation that remains is that at least Montesa will emerge stronger from this loss. Less is nothing, I guess. [1.99901 million]
In motor: Derbi closes its doors: leave us a larger one wheel


Softbank Corp. (Japan) (SFTBY) CEO Masayoshi Son stated that: “I am lucky to be free to steer in any direction I choose,” after the merger between Softbank’s subsidiary, Sprint Corporation (S), and T-Mobile US Inc. (TMUS) fell through.
Softbank acquired Sprint last year for $21.6 billion to establish a strong foothold in the US telecom market. However, what Softbank got was a company struggling to retain subscribers and upgrade incompatible technology that it had inherited from a disastrous merger with Nextel in 2005.
With new pricing plans and appointment of Marcelo Claure as the new CEO, Sprint hopes to give tougher competition to rivals AT&T (T) and Verizon (VZ). Back home in Japan, Softbank gave telecom operators a run for their money with extremely low prices, and turned around the feeble unit that it had inherited from Vodafone Japan. Son plans to follow the same strategy for Sprint in the US market.
The competition in the US telecom industry is intense. Companies try to please subscribers with economic plans and give them greater freedom to upgrade their phones, even before the completion of their standard two-year contract. The vast spectrum holdings of Verizon and AT&T allow them to cover larger parts of the US market. They are able to dominate in rural areas, where smaller carriers do not have a presence.
Sprint’s wireless-subscriber base has been declining, and the company has lost around 3.92 million subscribers since the start of 2012. However, its postpaid average revenue per user (ARPU) of $61.65 - which declined 3% year-over year (YoY) in the last quarter - is still higher than AT&T’s $43.4 and Verizon’s $55.4. The cash flow from operations also improved 30% sequentially, and stood at $679 million in the first quarter of fiscal year 2015 (1QFY15).
Sprint has outstanding debt of $32.49 billion, which is rated BB- by Morningstar. The company is highly leveraged, with a debt-to-equity ratio of 1.281 in its most recent quarter. However, Softbank’s stake in Alibaba gives Sprint greater freedom to increase its debt.
Sprint has recently announced that it will start adding subscribers to its ‘Framily’ plan by the end of the year. However, T-Mobile CEO John Legere has commented that he will soon overtake Sprint in terms of subscriber base, grabbing its ‘number 3’ title in the process.
Son’s attempts at acquiring T-Mobile, the fourth ranked wireless carrier, have recently ended due to regulatory pressures. The merger would have allowed both companies to combine resources, and would have given them them the much-needed scale to compete with Verizon and AT&T in the race for subscribers and spectrum. The two companies had wanted to jointly bid $10 billion for the upcoming spectrum auction, but the FCC’s rejection nipped that plan in the bud. However, with T-Mobile’s $32 billion deal out of the picture, Softbank is free to invest in upgrading the telecommunication giant.
Softbank recently took a hit and its operating profits declined 15.6% YoY in 1QFY15. Nevertheless, the company is optimistic about the future and has maintained operating profit guidance of ¥1 trillion for 2QFY15.


Protection and Healthcare - Whole Life
One thing we know for sure is that the future is uncertain. But Aviva can help take some of that uncertainty away with our whole life insurance coverage.
Our whole life insurance plans offer comprehensive insurance coverage, giving you the assurance you need at a price you can afford. Together we can determine your own unique needs and select a whole life insurance plan that’s just right for you.
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In life, there are many surprises. Some are happy and some, not. Whatever the surprises in life, you need a plan that will grow and change with you.
High protection offers good value for money
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1You will be able to purchase new term protection coverage for death or Terminal Illness benefit with extra premium payable, without providing evidence of health. The Policyholder may opt for this option at each of the following key life events: (a) the Life Assured marries or divorce (i.e. change of marital status) (b) the Life Assured becomes a parent and has a new born child, or legally adopts a child (i.e. adding a new child member to the immediate family) (c) the Life Assured graduates from tertiary education. This option can be taken up to 50% of MyLifeChoice basic Sum Assured, or up to a maximum of S$250,000 per life, whichever is lower. This is irrespective of the number of MyLifeChoice Policies the Life Assured may have. This option is extended to standard life only.
2Applicable for a period of first 20 policy years or up to the Policy Anniversary when the Life Assured attains age 65 next birthday, whichever is earlier.
3The Life Assured is given the option to withdraw a lump sum at the Policy Anniversary when the Life Assured attains age 65 or at any Policy Anniversary thereafter before the policy matures. Policyholder may submit the request to withdraw once per policy. This option is only available after the premiums for the MyLifeChoice basic policy have been fully paid at the end of the premium payment term, provided no indebtedness upon the request for the Advance Cash Withdrawal. The lump sum amount is not guaranteed and the amount is determined at our discretion at the time when you request to exercise this option. If this option is exercised, the Maturity Benefit will no longer apply.
4Premium for optional riders that cover Critical Illnesses benefit is not guaranteed.
5This refers to Waiver of Interest Benefit, provided the policy has cash value to cover the total outstanding premiums. Please refer to Product Summary for details.
6Critical Illness and Total and Permanent Disability are optional riders.
The policy is underwritten by Aviva Ltd.
The information on this page is published for general information only and does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person. A product summary in relation to MyLifeChoice is available and may be obtained from Aviva Ltd and the participating distributors' offices. You should read the Product Summary before deciding whether to purchase the policy. You may wish to seek advice from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you. Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable, if any, may be less than the total premiums paid. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. Full details of the standard terms and conditions of this plan can be found in the relevant policy contract.


Being in business has varying degrees of risk depending on your industry, experience level, systems, and support.
Business finance can be more complex and challenging than residential, with more hoops to jump through during the process. Most banks won't consider lending to business owners unless existing property is used as security.
However, with a correctly presented application, we can achieve positive lending outcomes for our business clients. When you're a business owner, it's imperative to paint a broader picture to the bank to demonstrate the future success of your business.
Don't go it alone. Engage an experienced financial adviser who knows how to position lending applications and can liaise with your accountant from the get-go to obtain the correct information for the bank.
Some industries are doing it tough due to over-inflation pressures, higher interest rates and labour supply shortages. Here we encourage business owners to review their overall lending position and see what they can alleviate to enhance their cash flow position for the next 12 to 18 months.
In 2022 we've seen an influx of new business owners either purchasing an existing business or creating a business from scratch.
To get finance for an existing business, you must do proper due diligence upfront and engage a reputable accountant. Don't just look at the financials of 2022/2021; delve into the pre-Covid financials too. Get a good understanding of the industry and where it's going.
For start-up businesses, lenders take a very conservative approach. Without information about future business performance, these are considered high-risk transactions.
Tips for business owners wanting to borrow:
Finalise your accounts for 2022 and ensure the overall business cash flow is tidy.
Engage your accountant to see how you are progressing for the 2023 financial year to help demonstrate to the bank that your business will continue to succeed after the funding. If possible, provide budgets and cash flow projections for 12 months ahead.
This article is for informational purposes only and should not be considered as financial advice. It is always recommended to consult with a qualified financial professional before making any financial decisions based on your individual circumstances.


Shares in Saudi Arabia's National Medical Care Co. jump 7.5 pct in early trade to 60 saudi riyals ($16.00)s.
Company says unit of General Organization for Social Insurance (GOSI) reached non-binding agreement with NMC Health to enter private sale transaction.
Transaction has Hassana Investment Co. and GOSI swapping ownership in National Medical Care Co. in return for shares in NMC Saudi Arabia Healthcare, owned by NMC Health.
Swap values shares of National Medical Care Co. at 70 riyals per share.
Saudi Arabia index .TASI sheds 0.4 pct in early trade. ($1 = 3.7501 riyals)
(Reporting by Davide Barbuscia; Editing by Saeed Azhar) ((Davide.Barbuscia@thomsonreuters.com; +971522604297; Reuters Messaging: email@example.com))


With the dissolution of office blocks for home working, financial accountants are having to revise and work out methods of apportioning overheads. Self-employed home workers have long had to understand what overheads can be claimed or not and to then determine how much to charge. Now corporations are having to play catch-up.
Once the accountants have finalised their new hourly rates, how many will let their co-employees know what the figures show that are being applied to them? Probably very few – and that’s a shame.
All employees ought to have some idea of what it costs to employ them – i.e. their hourly rate – and roughly how this figure is arrived at. Solicitors, garages and other service organisations charge by the hour and in many cases this figure is pre-advised to new clients. So why do so many companies not let their staff have this information?
Both working in an office or at home, if people know that every hour worked has to earn say, £50, then the work ethic would improve and have some real meaning. If an individual is contracted to work seven and a half hours a day, then they will realise that they have to deliver effort to the value of £375. With flexible working arrangements it is even more important to ensure that somehow this is achieved.
So, tell people their hourly rate – let them work out, for example, the cost of the daily Zoon meeting. Hourly rate x number of participants. Is the individual giving and the employer receiving value for money? Are the staff contributing? Is the employer earning its corn? Discuss.


LLM International Business Taxation, Tax Law Track
Tilburg University's Master's in International Business Taxation LLM program (sub-track: International Business Tax Law) equips you with the advanced tools needed to understand and manage the complex problems facing companies and governments in the field of international business taxation.
Taxation is an increasingly important determinant for enterprises in their decision-making processes on where and how to invest. Incentives and disincentives created by tax systems affect the behavior of multinational enterprises. Nonetheless, legal considerations are taken into account as well in the decision-making process on whether, where and how to invest. Students acquire in-depth knowledge in the key areas of international business tax law. With your understanding of how tax and legal considerations relate, you will be optimally prepared to help multinational enterprises, organizations, and governments to improve today's decision-making processes in the field of international business taxation.
A Tilburg University Master's in International Business Taxation LLM degree offers you:
- The key competencies necessary for a successful career including the ability to gather, process, and analyze information and communicate the results in an effective way.
- The opportunity to customize your degree with a specialized track. Choose between IBTL & Business Organizations and Strategies and IBTL & Globalization.
- An outstanding foundation for a future career. Your graduate degree in law is a qualification in high demand by employers in both the public and the private sector.
- A core team of senior, internationally-reputed law lecturers teaches the program. These academics are widely published in the top academic journals in the fields of corporate tax law, international and European tax law, VAT, company law and European law. They are affiliated with the Tilburg Law School, as well as the Center for Company Law.
Three core features distinguish the Tilburg International Business Taxation LLM masters program:
- A multi-disciplinary approach ensures you that understand the full range of legal and economic tax aspects of corporate organizations and international business transactions;
- A principle-based approach enables you to acquire knowledge of tax systems and underlying principles applied worldwide, including their underlying concepts;
- The theory is integrated with practice offering you a legal education that is both grounded in theory and infused with real-world and practical knowledge and experience.
Our goal is to ensure that you reach your full potential - and thus meet your ambition of establishing a career at the top of international business tax law practice. As a student of this program, you will benefit from the department's position at the cutting edge of international business tax research. Our status within the academic world and affiliations within academia enable us to involve some of the world's top experts in your learning.
The Master of Laws program International Business Taxation / track International Business Tax Law gives students some freedom in selecting the courses students wish to take by offering two separate sub-tracks:
- Sub-track 1: International Business Tax Law & Business Organizations and Strategies
- Sub-track 2: International Business Tax Law & Globalization
Your International Business Taxation LLM master will ready you for the transition from university to your first job and the start of your career. Potential career paths include international roles as a professional business tax adviser, an in-house counsel of corporations, or a career in academic research. Graduates also may start their career in the public and non-profit sectors. Expect to get a job soon after you graduate.
A key advantage of the International Business Taxation LLM qualification is the specific skills you develop throughout the program - qualities valued by future employers.
These skills include the ability to critically assess and examine international business tax law phenomena; discuss international business tax law developments and cases from an analytical perspective, grounding your assertions in relevant theory, literature, and methodologies; convey your knowledge persuasively both orally and in written form; exhibit strong interpersonal skills; and display a clear understanding of the needs and perspectives of future clients, public organizations, and non-profit organizations.
Both sub-tracks are advised to students who wish to work for large consultancy or law firms, international organizations such as the EU and OECD, economic departments of multinational enterprises and governments.
This school offers programs in:
Last updated January 18, 2018


© D.L. Crumbley
Need to really understand the business unit. What they really do.
Have a mandatory vacation policy.
Rotation of assignments.
Have a written/signed ethics policy.
Do things differently each time you audit a unit.
Do not tell client what you are doing.
Hard to find fraud in the books. Look/listen. Look for life style changes.
Do not rely on internal controls to deter fraud.
Auditors should have control of the confirmation process.
When checking endorsements, be careful with the ones with only the account number (may have a fake name on the account).


FY22-24e EPS up 3-11% given robust outlook; TP raised to Rs 485; Buy retained
Revenue grew 45% y-o-y from a favourable base last year (two-year CAGR of 10%) and came in 7% above our expectation. Goods transportation (GT), the largest segment, posted 40% revenue growth (two-year CAGR of 15%), of which ~7% was due to increased realisation and the rest (~33%) from higher tonnage. Bus operations business increased three-fold on a favourable base last year, but the business is still ~30% below the pre-pandemic level.
Freight rate increase and operating leverage benefit from a strong top-line performance have, to a large extent, helped to mitigate fuel cost inflation, with the company reporting a 17.8% Ebitda margin (HSBCe: 18.6%). The company reported overall PAT of Rs 495 m, 4% above our expectation and significantly above Street expectations.
Raise earnings estimates: Post the solid Q2 performance, we raise our revenue forecasts by 3-7% over FY22e-24e. We have increased our margin assumptions in the passenger transportation business, which leads to ~10bp increase in FY23e and FY24e Ebitda margin. Overall, we raise our EPS forecasts by 3-11% over FY22e-24e. Our earnings forecasts are significantly above consensus.
Retain Buy rating: We continue to value VRL Logistics using a DCF methodology with a cost of capital of 10.5% (unchanged). We roll over our valuation from September 2021 to March 2022. The valuation roll-over and increased earnings estimates lead to a 14% increase in our TP to Rs 485, from Rs 425. The shares currently trade at a FY24e PE of 14x, while our target price implies a 17x PE.
Key downside risks: Slower and more protracted volume recovery; a sharp increase in fuel costs.


The Uttar Pradesh government has completed almost 79 per cent of projects under the AMRUT 1.0 so far for providing water supply and sewerage facilities to every household in Uttar Pradesh.
Till March 13, the government has completed 262 projects. The total cost of these projects is Rs 5,816.55 crore, against which the government has released Rs 5,257.09 crore. These 229 projects are of water and sewerage, while 33 projects are of sewerage.
A government spokesman said on Friday that 331 projects were sanctioned under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) in which 279 projects were related to water supply and 52 to sewerage. He said the total tender cost of all these projects was Rs 10,941 crore, including goods and services tax (GST), out of which Rs 8,331.64 crore had already been released.
“Work is currently underway on the remaining 69 schemes. Of these, 50 schemes are related to water supply and 19 to sewerage. Their total tender cost including GST is Rs 5,124.78 crore, while Rs 3,074.55 crore has been paid,” the official said.
As per the zone-wise completed schemes related to water supply and sewerage, the maximum number of 61 schemes have been completed in Ghaziabad zone. At the same time, the work of 46 schemes in Lucknow zone, 36 each in Prayagraj and Agra respectively, 28 in Gorakhpur and 22 in Kanpur has been completed.
Talking about household connections, officials said there was a target of 9.2 lakh water supply connections against which 8.7 lakh household connections had been completed, while only 50,000 connections were still pending.
“Similarly, talking about sewerage household connections, against the target of 10.6 lakh, 7.5 lakh connections have been made and 3.1 lakh are still pending, on which work is being done at a fast pace,” the official said.


Fiserv trumpets Internet banking sales
24 February 2004 | 583 views | 0
Fiserv, Inc. (Nasdaq:FISV) said sales of its consumer and business Internet banking products, Premierecom and Premierecorp, continue to set the pace for the industry.
Since the release of Premierecom in 1999, 1,200 financial institutions - an average of 20 a month - have adopted it as their Internet banking solution. Sales of the business Internet banking product Premierecorp, currently licensed to 550 institutions, have averaged 25 per month since its release in 2002
"This growth is all organic, rather than the product of acquisition," said Rodney Poskochil, President of the Fiserv Bank Systems & eProducts Group. "More than half of the financial institutions most recently added to our client list have elected to migrate to our solution from someone else's product. For the balance, this was a first-time offering of Internet banking."
"Tight integration, real-time access to account information, feature functionality and security are strong selling points for these solutions," said Kim Killingsworth, General Manager of Fiserv eSolutions. "Fiserv is also the only vendor with the flexibility to offer Internet banking solutions in a choice of in-house, outsourced or ASP environments."
Killingsworth added, "Fiserv has become a significant player in the Internet banking replacement market. Financial institutions want to tie their fortunes to a stable and financially solid technology partner."
Ray Carroll, Vice President and Chief Technology Officer at the $340 million asset West Alabama Bank & Trust in Reform, Ala., agreed that the integration within Premierecom clinched his bank's decision to implement Fiserv's consumer Internet banking solution.
"It allows all delivery channels to work seamlessly together," Carroll said. "Adding new customers, making changes to the accounts of existing customers, and daily procedures are much easier and less time-consuming. We're now able to place a stronger focus on customer service."
Carroll said the solution's memo-posting capabilities and its ease of use also were significant factors in the bank's decision.
Union Bank & Trust Company, a $1.2 billion asset banking company in Lincoln, Nebraska, credits much of its success to small-business customers, said Jim Smith, Vice President of Cash Management and Operations. That's why Premierecorp is such an important offering to the bank, Smith said.
"We like the fact that we can tailor Premierecorp to offer a sophisticated and comprehensive cash management system for larger corporate customers, while, at the same time, we can offer a simple, less expensive version to smaller businesses," he said. "Premierecorp's seamless, cross-platform integration with other Fiserv applications makes implementation easier and functionality richer, giving us access to a full range of e-commerce, imaging and core banking systems. Product upgrades are also much smoother."


Best Buy or GameStop Gift Card Promo Plus 5x UR with Swych App
There’s aBest Buy and Game Stop gift card sale, this one through the Swych App, and it can get you a 10% discount. Swych also has been coding as 5x for Ultimate Rewards purchases with your Chase Ink card.
Buy a $50 Best Buy or Gamestop gift card for $45 with promo code Maddening. Limit of 1.
Here’s how it works:
- Open or Download the Swych app
- Search for BB or GS select the $50 denomination card
- Apply promo code Maddening
- The App automatically takes $5 off
- Proceed to checkout
- Total will be $45
This offer give you a nice discount of 10% but it is limited to just 1 purchase. The offer should be available for both new and existing customers.
HT: Doctor of Credit
This post may contain referral, affiliate or sponsor links that provide Miles to Memories compensation. Thank you for your support.
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed bu the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.


Paraguay's lower house failed to pass a bill that would have regulated crypto, a big blow to the country's burgeoning mining industry.
The South American nation boasts some of the cheapest energy rates in the world, thanks to the Itaipu dam, one of the world's largest. The relatively inexpensive electricity has attracted local and international firms to set up bitcoin (BTC) mines in the country.
The bill would have regulated crypto and mining and was initially passed by the country's Senate in July. President Mario Abdo Benítez, however, vetoed the proposed legislation in August, sending it back to the legislature for amendments and a fresh round of voting. On Monday, the bill garnered only 36 votes in the Chamber of Deputies, short of the 41 it needed to pass.
The industry has found itself in a fight with the local grid operator provider, Ande, and some members of the legislature who claim that the grid's infrastructure cannot handle the excess load and that the industry doesn't greatly benefit the local economy and society. Ande asked the government to increase the electricity tariff for miners in August by as much as 60% over the industrial rate.
The proposed bill would have capped how much Ande can increase miners' tariffs to 15%. That had been a major sticking point for the grid operator and the government.
CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


More Than One Million Americans Filed Unemployment Last Week
The number of applications for benefits has already exceeded a million for the 20th week
An additional 1.2 million Americans applied for unemployment benefits last week, the Labor Department said Thursday..
The number of applications for benefits for the 20th week already exceeds a million, while the coronavirus pandemic is forcing employers to close factories or layoffs.
At the same time, last week the indicator slightly improved: 249,000 people less than a week earlier applied for benefits..
This may be partly due to the end of federal allowance premiums: until last Friday, the government was paying an extra $ 600 a week in addition to what the unemployed receive from the states..
The White House and lawmakers have yet to agree on an extension of the bonus program: Republicans want to cut them to $ 200 a week, while Democrats want to keep payments of $ 600 until the end of the year..
President Trump says he is willing to extend the benefits, but does not want people to benefit from receiving benefits than returning to work.
Additional 5.2 million Americans filed for unemployment during second week of April The total number of applications exceeded 22 million in four weeks…
1.5 Million More Americans File For Unemployment Benefits | Morning Joe | MSNBC The number of applications for benefits has been falling for the 14th…
2.4 million Americans filed for unemployment last week This is the lowest weekly reading since mid-March. Economic activity in the United States is…
Another 3 million Americans file for unemployment benefits 36.5 million people were unemployed in two months WASHINGTON – US unemployment claims slowed…
How To Apply for the FREE $ 600 Weekly – Unemployment Benefit Economy still plagued by restrictions due to COVID-19 and failure of two parties to agree on…


Technology is making consumers and brands more interconnected than ever before. We walk around with mobile banking in the palm of our hand, we can remotely communicate with others via an app, and we can purchase new insurance policies in just a few quick clicks.
But despite the strides that have been made to more closely embed products into consumers’ lives, that is only one side of the coin. Companies must also work to embed payments into their consumers’ lives. Otherwise, they risk wasting unnecessary time and effort chasing money they are rightfully owed.
So how big is this issue? Mull over the following statistics:
- 6.1% of European households are in arrears of their utility bills;
- 4.7 million UK homes struggled to pay their telecoms bills in 2020;
- 38% of European consumers are concerned about being able to pay their bills.
This article will examine why companies across a range of industries need to implement enterprise collection software. Specifically, it will examine how collections software can help insurance companies, utility providers, and telecommunications companies (among others) more easily recoup their outstanding debts.
Collections software is needed for every industry
Customers want their lives to be as easy as possible. They want to be able to sign up for a new phone plan themselves, open a utilities account without having to jump through a ton of hoops, and add themselves onto a car insurance policy in minutes.
In an effort to continually keep up with this pace of change and to serve their growing demand, banks, insurance companies, telecommunications providers, utilities and others have rapidly scaled up the products they offer (and how they serve consumers these products).
However, they have ignored one key aspect: how they are paid, and what happens if they are not paid on time. It is all well and good if consumers are enjoying a greater CX—but if you are not being paid for your products and services, it is all for nothing.
This means that companies often rely on paying massive amounts of money to debt collection agencies (DCAs) to chase up past-due customers. They might even end up selling their outstanding debts to third parties in the hope of mitigating potential risks. However, not only is this unnecessary expenditure, but the process is also time-consuming and often not very consumer-friendly. Your company might be paid what you are owed, but you might also lose customers if too aggressive approaches are adopted.
The democratisation of access to key services (be they utilities, insurance, or telecommunications) has been great for consumers, and is not set to stop any time soon. The global utility market is predicted to enjoy a compound annual growth rate (CAGR) of 7.2% this year, with telecommunications rising 5.4% per year until 2028 and the insurance market enjoying a 15.1% CAGR until 2026.
However, to keep up with this growth, providers must have a plan in place to ensure that they are paid on time, every time. That is where collections management software comes in.
Collections management software provides companies with a smart, data-driven, automated, and customer-friendly means of collecting what they are owed. This means that companies do not have to deal with third-party providers. They can minimise the costs of employing an external DCA, and they can recover more money in the most customer-friendly environment. In turn, companies can then invest this money into providing even more innovative products and services to their customers in the future.
How software will help power your collections strategy
You might be thinking: “Sure, that all sounds great—but what does collections software actually do?” Let us dive into a few key features that explain how software helps companies optimise their collections approach.
If you are a high-growth company that attracts new customers by the second, it can be tricky staying on top of who owes how much and when it is due. You probably have the raw dataset somewhere—but it is virtually impossible to gain quick insights from a mammoth, incredibly data-heavy spreadsheet.
The best collections management software provides you with clear dashboards that display your collections data in an easy-to-view, visually appealing manner. You can assess a variety of macro-level metrics, such as the total number of active claims and their total value, as well as diving into key digital marketing KPIs (open rate, click-through rate, etc.) for each of your outreach approaches.
Drag-and-drop content builders
If you want to optimise your dunning approaches on an ongoing basis, you need to give individual strategists and agents a certain level of control. We spoke to one leading collections expert who said that the cost of changing a single line in their outreach emails cost somewhere around €1,500 - 2,000, with agents/strategists first having to consult with IT and wait for them to make the necessary changes.
This is pouring money down the drain—it is as simple as that. Collections management software allows agents/strategists to take the reins. With drag-and-drop builders, they can easily craft new landing pages, emails, SMS messages, or whatever else in a matter of minutes.
Every consumer responds differently to your dunning approaches. So how do you know which approach to use for which particular segment? You could of course conduct a series of A/B tests, refining and tweaking your approach going forward. Alternatively, you could use software to combine A/B testing with multi-armed bandit (MAB) optimisation, an automatic machine learning (ML)-based algorithm.
Devise a series of potential templates according to your target segments. Then, send out your dunning messages, watch the results pour in, and let the MAB algorithm automatically prioritise your most successful efforts—delivering more of these messages out to customers going forward.
There is no need to throw out the rulebook and start again from scratch. Instead, you can simply opt to work with a cloud-based/cloud native collections management software that easily integrates with your existing tools, letting you simply plug and play.
Unify all your separate data into one centralised system. Gain increased visibility over the entirety of your collections approach and forget about dealing with disparate data sources spread across different tools.
Do not underestimate collections management software in 2021
How can your business not only keep up with increased demand, but fuel even further growth in the future? How can you spend less time, money and effort chasing up past-due customers?
By implementing a piece of collections management software.
Collections management software will put your business in the driver’s seat. You can devise customer-friendly dunning approaches that are in keeping with your wider CX efforts. Once customers are able to repay the bill in a manner that suits them, they will be willing to go ahead and pay you back.
The right collections management software seamlessly integrates with your other existing systems, allows you to devise your own dunning messages using a simple drag-and-drop builder, automatically optimises your outreach approach, and lets you analyse the results in an easy-to-view dashboard.
The sooner you start, the sooner you will reap the rewards. Book a demo to learn more about how receeve puts companies across all industries in control of their own collections approaches.


USF donates $20 million improve ICT in courts
THE Universal Service Fund (USF) on Thursday handed over a cheque valued at $20 million to the Court Administration Division (CAD) for the procurement of equipment to improve the information and communication technology (ICT) infrastructure of the island’s courts.
The cheque was handed over at a contract signing ceremony held at Supreme Court in downtown Kingston.
Director of Court Administration at CAD Tricia Cameron-Anglin and CEO at USF Daniel Dawes signed the contract on behalf of both entities.
In thanking the USF for its donation, Cameron-Anglin said, “the donation will provide much-needed ICT equipment to boost the technological capacity of the courts to respond to the needs of the digital era. The courts have been conducting hearings remotely and we hope to expand the use of this technology by installing the requisite equipment in more courtrooms.”
Meanwhile, Dawes said the project forms part of the USF’s overall investment in the country’s ICT infrastructure, which will this year total approximately $1.9 billion.
“Projects include the expansion of the national broadband network at a cost of $440 million, supporting the Government’s 100-day broadband programme in the amount of $500 million and establishing Wi-Fi hot spots in residential communities to the tune of $320 million,” Dawes said.
He added that support of the Court Administration Division’s ICT improvement is just one more step in the country’s thrust towards becoming a knowledge-based society.
The funds will be disbursed between July and October 2021.
Now you can read the Jamaica Observer ePaper anytime, anywhere. The Jamaica Observer ePaper is available to you at home or at work, and is the same edition as the printed copy available at https://bit.ly/epaper-login


A Re-examination of the Effect of 12B-1 Plans on Mutual Fund Expense Ratios
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References listed on IDEAS
- Scheinkman, Jose A & LeBaron, Blake, 1989. "Nonlinear Dynamics and Stock Returns," The Journal of Business, University of Chicago Press, vol. 62(3), pages 311-337, July.
- Black, Fischer & Scholes, Myron S, 1972. "The Valuation of Option Contracts and a Test of Market Efficiency," Journal of Finance, American Finance Association, vol. 27(2), pages 399-417, May.
- Bollerslev, Tim, 1986.
"Generalized autoregressive conditional heteroskedasticity,"
Journal of Econometrics,
Elsevier, vol. 31(3), pages 307-327, April.
- Tim Bollerslev, 1986. "Generalized autoregressive conditional heteroskedasticity," EERI Research Paper Series EERI RP 1986/01, Economics and Econometrics Research Institute (EERI), Brussels.
- Rozeff, Michael S. & Kinney, William Jr., 1976. "Capital market seasonality: The case of stock returns," Journal of Financial Economics, Elsevier, vol. 3(4), pages 379-402, October.
- Hsieh, David A., 1988. "The statistical properties of daily foreign exchange rates: 1974-1983," Journal of International Economics, Elsevier, vol. 24(1-2), pages 129-145, February.
- Akgiray, Vedat, 1989. "Conditional Heteroscedasticity in Time Series of Stock Returns: Evidence and Forecasts," The Journal of Business, University of Chicago Press, vol. 62(1), pages 55-80, January.
- Bollerslev, Tim, 1987. "A Conditionally Heteroskedastic Time Series Model for Speculative Prices and Rates of Return," The Review of Economics and Statistics, MIT Press, vol. 69(3), pages 542-547, August.
- Hull, John C & White, Alan D, 1987. " The Pricing of Options on Assets with Stochastic Volatilities," Journal of Finance, American Finance Association, vol. 42(2), pages 281-300, June.
- Philippe Jorion, 1988. "On Jump Processes in the Foreign Exchange and Stock Markets," Review of Financial Studies, Society for Financial Studies, vol. 1(4), pages 427-445.
- Akgiray, Vedat & Booth, G Geoffrey, 1988. "Mixed Diffusion-Jump Process Modeling of Exchange Rate Movements," The Review of Economics and Statistics, MIT Press, vol. 70(4), pages 631-637, November.
- Ball, Clifford A & Torous, Walter N, 1985. " On Jumps in Common Stock Prices and Their Impact on Call Option Pricing," Journal of Finance, American Finance Association, vol. 40(1), pages 155-173, March.
- Engle, Robert F, 1982. "Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation," Econometrica, Econometric Society, vol. 50(4), pages 987-1007, July.
CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Estelle James & Gary Ferrier & James H. Smalhout & Dimitri Vittas, 2000.
"Mutual Funds and Institutional Investments: What Is the Most Efficient Way to Set Up Individual Accounts in a Social Security System?,"
NBER Chapters,in: Administrative Aspects of Investment-Based Social Security Reform, pages 77-136
National Bureau of Economic Research, Inc.
- James, Estelle & Ferrier, Gary & Smalhout, James & Vittas, Dimitri, 1999. "Mutual funds and institutional investments - what is the most efficient way to set up individual accounts in a social security system?," Policy Research Working Paper Series 2099, The World Bank.
- Estelle James & Gary Ferrier & James Smalhout & Dimitri Vittas, 1999. "Mutual Funds and Institutional Investments: What is the Most Efficient Way to Set Up Individual Accounts in a Social Security System?," NBER Working Papers 7049, National Bureau of Economic Research, Inc.
- Anolli, Mario & Del Giudice, Alfonso, 2008. "Italian Open End Mutual Fund Costs," MPRA Paper 8111, University Library of Munich, Germany.
- Miles Livingston & Edward S. O'Neal, 1998. "The Cost Of Mutual Fund Distribution Fees," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 21(2), pages 205-218, June.
- John Banko & Scott Beyer & Richard Dowen, 2010. "Economies of scope and scale in the mutual-fund industry," Managerial Finance, Emerald Group Publishing, vol. 36(4), pages 322-336, March.
- Todd Houge & Jay Wellman, 2007. "The Use and Abuse of Mutual Fund Expenses," Journal of Business Ethics, Springer, vol. 70(1), pages 23-32, January.
- Raza, Syed Ali & Raza, Syed Aoun & Zia, Abassi, 2011. "Equity mutual funds performance in Pakistan: risk & return analysis," MPRA Paper 36804, University Library of Munich, Germany.
- Philip C. English II & Ilhan Demiralp & William P. Dukes, 2011. "Mutual Fund Exit and Mutual Fund Fees," Journal of Law and Economics, University of Chicago Press, vol. 54(3), pages 723-749.
- D. K. Malhotra & Robert W. McLeod, 1997. "An Empirical Analysis Of Mutual Fund Expenses," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 20(2), pages 175-190, June.
- Miles Livingston & Edward S. O'Neal, 1996. "Mutual Fund Brokerage Commissions," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 19(2), pages 273-292, June.
- Nicolaj Siggelkow, 1999. "Expense Shifting: An Empirical Study of Agency Costs in the Mutual Fund Industry," Center for Financial Institutions Working Papers 99-09, Wharton School Center for Financial Institutions, University of Pennsylvania.
- Tran-Dieu, Linh, 2015. "How do mutual funds transfer scale economies to investors? Evidence from France," Research in International Business and Finance, Elsevier, vol. 34(C), pages 66-83.
- Prather, Laurie & Bertin, William J. & Henker, Thomas, 2004. "Mutual fund characteristics, managerial attributes, and fund performance," Review of Financial Economics, Elsevier, vol. 13(4), pages 305-326.
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D.F. Hutchinson, Jr.
Hutchinson's match stamp was a production of the Bureau of Engraving and Printing late in the tax period. They were first issued October 24, 1881 and ran through the remaining years of the tax to January 31, 1883, presumably giving them enough to use until July 1 of that year. 2,100,000 were printed by the Bureau on watermarked paper.


This financial insurance product is specifically for the loss of money in the physical form of cash and cheques.
Businesses such as restaurants, pubs, and cafes handle significant amounts of money daily. This money needs to be kept safe and make it to the bank without hassle.
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Please fill on form below and we’ll get back to you.


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Make sure to choose a secured card that reports to all three major credit bureaus. You want to be sure all of your on-time payments get reported on all three of your credit reports to maximize your credit rebuilding efforts.
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Your payment history accounts for 35% of your credit score, so making small, steady on-time payments is the best way to rebuild your credit after bankruptcy.
This article has been updated. It was originally published December 5, 2013.


TORONTO – Ontario became the first province Thursday to sign a framework agreement with the federal government over the once-contentious Canada Job Grant.
The province will now work with Ottawa to iron out details of how the job training program will work, said Brad Duguid, minister of training, colleges and universities.
“This now opens the door to us working with the federal government to ensure we’re providing the best possible programs we can for out-of-work Ontarians and, ultimately, out-of-work Canadians,” he told The Canadian Press in an interview.
“It’s an example of the provincial and territorial governments standing up for our vulnerable workers and, at the same time, getting to a point where both governments are working together.”
The provinces and territories had refused to sign on to the original proposal that was the centrepiece of the 2013 federal budget, aimed at giving employers more input on job training programs.
The plan was to provide $15,000 for each eligible worker, with the cost divided equally between Ottawa, the provinces and employers.
The provinces and territories balked, saying Ottawa would claw back federal dollars for successful job-training programs run by the provinces, while forcing them to find millions more to cover their portion of the grant.
But they dropped their opposition last week after Ottawa agreed to a number of changes, including covering the provincial portion of the grant.
Both sides have come a long way over the past year, said Nick Koolsbergen, a spokesman for federal Employment Minister Jason Kenney.
Ontario, which was one of the most vocal opponents of the original proposal, is the first province to sign on, he said.
“I think it’s a sign of how far things have come,” he added.
Duguid said he expects the other provinces and territories will soon sign on to the framework agreement.
Ontario has also had good discussions with Ottawa over two other labour agreements for older and disabled workers that will expire soon, he said.
Quebec refused to sign on to the Canada Job Grant, but finalized a deal with the federal government earlier this week to renew a labour market agreement which includes many of the same elements.
Unlike other provinces, Quebec has a dedicated training fund that gives employers a say in how the money is spent, said Koolsbergen.
Ottawa will be getting better reporting from Quebec about where the money is going to ensure that employers remain at the centre of the training system, he said.
“We’ve acknowledged that the Quebec system already has employer investment and employer involvement in training,” he said.
“So we’ve agreed to renew the pre-existing labour market agreement with Quebec because they’re already doing what we’re trying to accomplish with the rest of Canada with the Canada Job Grant.”


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06 Jobs found
Syndicate bank recruitment 2019 to fill 06 vacancies | Syndicate bank released notifications, apply Syndicate bank jobs online @ www.syndicatebank.in. Syndicate bank has come up this year by releasing the number of Syndicate bank recruitment notifications to fill 06 (Six) Senior Manager vacancies.
Syndicate Bank jobs 2019 Alert
|Name of Post||Senior Manager|
|No of Vacancies||06|
|Official web Portal||www.syndicatebank.in|
Senior Manager: 06 Posts
- Qualification:-candidates who wanted to participate for Senior Manager should have MBA / CA / ICWA.
- Salary Structure:- Rs 42020 – 51490/- Per Month
Age Limit:- 25 to 35 years as on 1st August 2019
Selection Process:- personal Interview and last step will be documents verification.
Fee charges:- Aspirants who wanted to participate should pay the below charges through online mode (Debit or Credit Card / Net Banking).
- General/OBC: Rs. 600/- (Rupee Six hundred only)
- SC/ ST: Rs. 100/- (Rupee One hundred only)
How to apply for Syndicate bank vacancies 2019:- Applicants may apply online through official website http://www.syndicatebank.in from 22nd August 2019 to 5th September 2019.
Important Dates to remember:-
- Form Submission End Date: 5th September 2019


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The cutoff for student grants is April 24th 2017.
The RadarConf ’17 is pleased to offer a multifaceted Student Program including a Student Paper competition, Travel grants to qualifying individuals and the AES Radar Summer School.
Student Paper Competition:
All selected papers, oral or poster, self identified as student submittals, automatically enter the Student Paper competition. Papers will be judged for technical merit resulting in a set of final candidates. From the finalists the top three will be chosen based on the student’s paper presentation. Judging will be performed by an international panel of experts from industry and academia. The top three papers will receive a cash award with the winning paper presented at the Thursday luncheon.
Student Travel Grants:
RadarConf ‘17 is pleased to offer travel grants to students attending the conference; matching a grant made available by the National Science Foundation and a grant provided by the IEEE AES. All registered students are eligible to apply. Completed applications must be received by 1 April, 2017. Applications will be reviewed and grants made to the limit of funding available. All grants will be awarded at the conference.
Download RadarConf ‘17 grant applicationAdditional sources of travel funding may be found at the links below:
IEEE Women in Engineering (WIE) Travel Grant program provides grants for IEEE WIE members to attend and present at IEEE sponsored conferences or to participate in IEEE WIE sponsored events.


TEMPLETON — The Narragansett Regional School Committee stuck with its number, and now it will be up to the voters in both Phillipston and Templeton on Aug. 21 to decide if they like it as well.
The school board Wednesday night, July 24, voted a $6.9 million assessment for Templeton, a figure the committee had earlier approved, a reduction from its $7.4 million request for fiscal 2020 at the annual Town Meeting.
Templeton voters at a special Town Meeting on July 18 approved a $6.4 million assessment figure, so the School Committee vote pushes the towns into a district-wide meeting, in which voters from both communities gather to decide the school district’s budget.
If the School Committee and meeting figures match, the process stops. If they disagree, there could be additional district-wide meetings and possibly budget adjustments until they do.
In case the higher school number is approved, Templeton is working on a plan to reduce municipal spending to make up the difference since increasing one area of the budget requires reducing another. Selectmen have ruled out an override since Templeton voters rejected that in the annual election, though the figure at issue has now dropped. But they had pointed to the 500-voter margin as evidence there was no appetite for an override.
Phillipston had voted an override for its portion of the original budget so there is funding in that town, though reductions in the school assessment for Templeton also reduces Phillipston’s assessment.
The school budget uses additional school funds to help in keeping the schools in the two towns operating as they did last year. To close budget gaps, the board had twice come up with configurations for the schools that could work within more limited funding but triggered opposition from parents.
An initial plan had moved most elementary classes to the new Templeton Center School and the Phillipston Memorial School used for pre-K and kindergarten, with the reductions in staff also requiring larger class sizes. A second plan shifted students back to the original arrangement except for School Choice students, who would be in Phillipston.
The current plan resets the configuration to the way it was last year but uses funds such as School Choice revenue, which could help get the district through the coming year if the proposed budget is passed but could require additional revenue next year.
The special districtwide meeting will be held Aug. 21 at 7 p.m. at the Narragansett Regional High School and be open to voters in both Phillipston and Templeton. It will be run by the district, with a moderator to be chosen by a joint meeting of the boards of selectmen in the two towns acting together.
Balancing town and school needs
“The way to get through this is to make cuts on both sides,” Templeton selectmen Chairman Michael Currie said Thursday, July 25. Rather than one side being a winner, he said, they should “meet in the middle.”
Noting that cuts mean staff reductions, he said the town was already experiencing reduced police and fire staffing and senior services were being reduced. Selectmen had opted to start making cuts, including not filling open positions, rather than potentially having to make even deeper cuts if they came late in the year.
“If we can just get past the current budget crisis,” Currie said, the towns could get into planning for the next fiscal year and “talk about our budget constructively,” urging cooperative meetings.
He supported the idea of school board members and selectmen meeting to discuss the issues and work together for a solution.
Currie noted School Committee Chairwoman Margaret Hughes’ acknowledging the budget issues — and that district meetings could result in a budget number that was the same, higher or lower — and districtwide meetings could continue, with the school board planning for different scenarios.
But Templeton has budget limits, he noted, burdened by heavy debt from needed infrastructure improvements in recent years, including the new school, police station, pump station and water tower. And he said the schools have other revenue problems that include not getting promised transportation funding and the formula used for state aid.
Currie also stressed that the town being served by state police during some periods, with likely delays in response times, was not something he wanted to see, noting the period in 2014, shortly after he moved to Templeton, when the town shut down for about six weeks.
As a parent, he said, he is “alongside the other parents” in not wanting large class sizes. But as a selectman who formerly served on the Advisory Committee, Currie knows the numbers have to balance.
“We have to do our best to stay within our means,” Currie said.