• Finance

    Cryptocurrencies could lead to financial instability, author warns

    By redistributing power away from the government and Wall Street and to the people, cryptocurrency will democratize finance, enthusiasts of the digital money say. Economist Eswar Prasad, however, foresees a more complicated and, at times, dangerous reality. In Prasad’s telling, bitcoin is likely one long-lasting bubble, and digital money could leave the government with more control than ever, while making wealth inequality much worse. He sees other risks, too. “Cryptocurrencies may contribute to monetary and financial instability, especially if they were to spawn a large and unregulated financial system that lacks investor protection,” he said. More from Personal Finance:If  

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  • Finance

    How much do I need to retire? Top financial advisors weigh in

    There are a few simple rules of thumb, such as saving 10 times your income by retirement age, although experts recommend using a retirement calculator to get a more accurate picture of your retirement number. Still, the old rules may no longer apply. “There’s not necessarily a one-size-fits-all solution,” said Christopher Schreiner, a certified financial planner and chief operating officer of Reston, Virginia-based Mason Investment Advisory Services, ranked 13th on CNBC’s 2021 FA 100 list.   “Spending will always be the most important variable,” he said for retirees. “The perfect investment solution can’t overcome someone spending beyond their means.” Further, there  

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  • Financial Management

    Massive Open Online Course (MOOC): Public Financial Management

    The U.S. Embassy in Beirut invites the public to apply to an online course entitled “Public Financial Management” offered by the International Monetary Fund (IMF). This IMFx course is designed to strengthen participants’ abilities to assess why Public Financial Management (PFM) is important; and how it supports macroeconomic stability, economic growth, and the achievement of the Sustainable Development Goals. Presented by staff of the International Monetary Fund who provide advice to countries on their PFM institutions and reform plans, the course provides a practitioner’s view to PFM starting with what PFM is, and why it is important. Over five parts,  

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  • Financial Analysis

    APAC Master Data Management Market For Financial Services Size, Share & Trends Analysis Report 2021 – 2028 – ResearchAndMarkets.com

    DUBLIN–(BUSINESS WIRE)–The “APAC Master Data Management Market For Financial Services Size, Share & Trends Analysis Report By Country (China, Japan, Australia, New Zealand, Singapore, South East Asia), And Segment Forecasts, 2021 – 2028” report has been added to ResearchAndMarkets.com’s offering. The APAC master data management market for financial services is expected to reach USD 3.49 billion by 2028. It is anticipated to expand at a CAGR of 13.4% from 2021 to 2028. The rising need for regulatory compliance in the banking and financial industry is the major driving factor of the overall market growth. The industry emphasizes regulatory  

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  • Finance

    Most ethnic minority finance workers suffer discrimination, finds UK report | Financial sector

    Two in three UK finance workers from black and minority ethnic backgrounds have suffered discrimination in the workplace, according to an industry survey revealing shortfalls in the City of London’s diversity agenda. The findings from reboot. – a network of senior professionals drawn from some of the City’s biggest firms, including fund managers Legal & General and State Street – said the industry was failing to back up diversity pledges with concrete action. According to the group’s Race to Equality report, which surveyed 800 employees from 440 companies with more than £1.4tn in annual revenue between them, 66% of BAME  

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  • Financial Analysis

    Recon Software for the Financial Service Market Share Analysis and Research Report by 2025

    A Research study on Recon Software for the Financial Service Market analyzes and offers ideas of exhaustive research on ancient and recent Recon Software for the Financial Service market size. Along with the estimated future possibilities of the market and emerging trends in the Recon Software for the Financial Service market. ‘ Recon Software for the Financial Service market’ report is the latest addition to the syndicated reports offering an in-depth analysis of the major drivers influencing the Recon Software for the Financial Service industry share over the forecast timeframe. The report provides a detailed overview of factors covering the  

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  • Financial Analysis

    What Advisors Should Understand About Rolling Return Analysis | Financial Advisors

    When sharing investment results with a client, many financial advisors imitate what they see on financial websites and fund reports, citing year-to-date returns or other routine performance markers. But advisors shouldn’t mindlessly mimic the reports. Clearly explaining performance data is critical to gaining and keeping their clients’ trust in their process. One data point to consider: rolling returns, which are average, annualized returns for a particular time frame. Many advisors, however, don’t consider this data point when reporting returns. Instead, their default route is to parrot those outside sources, using a format for returns based on year to date, quarter  

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  • Financial Management

    Survey: Millennials Increasingly Turn to Financial Advisors

    In the next two years, even more millennials will be turning to advisors, according to a new survey by Broadridge. In a study of 1,000 U.S. investors, the financial services firm found that of the 39% of millennials not using a financial advisor, the majority (65%) plan to begin using one in the next two years. The demographic is more comfortable with investing than the total population, with 65% of millennials using self-directed brokerage accounts, compared with 52% of all investors surveyed.  The survey also reiterated the low percentage of U.S. households using robo advice, a finding reported by  

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