Is your Financial Planner Ethical?

unethical

This is a very important question that every financial planning client would definitely like to know the answer to. But in practice, how would a client know (until it’s too late and they have paid the financial price for it)? There are numerous ways unethical financial planners can rip off and fleece clients. A few…

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SMART Criteria

SMART

In the UK in 1974, passive investment income was hit with a 15% investment income surcharge which took the top rate to an incredible 98%.

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The Trouble With Debt

the trouble with debt

The three ways accountants can get in trouble with debt financing their practice are: Using short term debt to make long term investments. Doing this creates problems as the short-term debt will need to be refinanced well before the long-term investment returns are available. If the short-term debt cannot be refinanced, the lender will either…

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