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Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

They don’t know to add a hefty margin to cover things like self-employment tax, business expenses, health insurance, and nonbillable time spent on business administration. Other tips: Benchmark your rate to increase your confidence. Or they haven’t raised their rates consistently over time, or they haven’t switched to a fixed fee.

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Building a Digital Technology Foundation in Insurance

BCG

Insurers today face a host of digital to-dos if they want to stay competitive—much less gain an advantage on their peers. It can also necessitate a fundamental overhaul of core insurance systems to digitize end-to-end customer journeys and automate decision making in basic functions such as underwriting and claims handling.

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Bank Profitability: Decoding the Income Statement

Tom Spencer

The interest rate set by the central bank serves as a benchmark or reference rate for banks. The interest rates at which banks borrow and lend money are influenced by the interest rates established by the central bank. Banks typically adjust their lending rates based on the central bank’s policy rate.

Banking 88
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How to Create and Sustain Financial Inclusion

BCG

The prevalence of transaction accounts, the availability of credit, and the willingness to save and buy insurance products are all positive markers of economic and social improvement. On the flip side, too much credit, high fees, and ill-suited insurance products are all counterproductive. Financial inclusion is a complex topic.

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Beggar Thy Taxpayer: Currency Wars, QE Strain Life Insurers and Pension Plans; Negative Returns With 4-7% Promises

MishTalk

Currency Wars and QE Strain Life Insurance Companies and Taxpayers Bob gets credit for the phrase " beggar thy taxpayer " but I have been thinking along those lines for quite some time. The yield on Germany’s benchmark 10-year bond has fallen to 0.35 Insurers and pension funds typically buy long-term debt. The ECB''s policy.

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Wearable Technology in Healthcare

Tom Spencer

6 Despite this, insurers and employers are taking advantage of a provision in the Affordable Care Act that allows employers to offer financial incentives, paid for by the insurance companies, if employees agree to wear a fitness tracker. The idea is to incentivize real time patient monitoring that can produce data for the clinician.

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Asset Management – Client Segmentation (Part 3 of 4)

Tom Spencer

For passive investing, Blackrock and Vanguard are able to get costs very low due to their scale and skill in replicating a benchmark index. However, they also make money via securities lending when other market participants want to borrow their stocks in order to short them. Institutional Asset Management.