SUBSCRIBE
Home Blog Page 136

Pour-Over Wills Explained: How They Work and Why You Might Need One

Danielle
-
0
Pour-Over Wills Explained: How They Work and Why You Might Need One

It is known that estate planning takes place in a complicated web of documents and legal jargon. However, it’s really about protecting what really matters to you: your family, your wishes, and your legacy. The pour-over will is not one of the more widely known yet very useful tools in the estate planning toolkit. Understanding what a pour-over is can be a game changer when it comes to how their estate is handled after they pass away for anybody who is setting up a trust or refining their financial plan.

What Is a Pour Over Will?

A pour over will is a type of will that works with another type called a living trust, which is an advantage when having a more unified and effective estate plan. The pour-over will essentially act as a safety net instead of listing individual heirs and instructions for each and every asset. It includes the assets that you did not transfer into your trust during your life and ‘pours’ the assets into that trust after your death.

It will also work to ensure that even if you forget to retitle a bank account or buy new property late in life, your pour-over will see that those assets eventually get put under your trust. It’s a strong way to close the gaps and make sure everything goes into one smooth system for distribution.

How Pour-Over Wills Actually Work?

Think of a pour-over as your last catch-all clause in your estate plan and understand how a pour-over will work. The starting point is when an individual establishes a trust, mostly a revocable living trust. This trust specifically manages, distributes, and protects your assets, sometimes even while you are alive, is called this trust.

When the trust is set, the pour-over will is drafted. This document does say that everything not already in the trust when the person dies should be added to it. After your death, if the assets are not titled in the trust name, they will probate, go through the court supervised process and are then transferred to the trust, where the trustee can manage them with your stated wishes.

Why a Pour-Over Will Offers Simplicity and Peace of Mind?

The simplicity of a pour-over will is one of the most compelling benefits of a pour-over will. And if assets are in accounts or were forgotten about, an estate plan without this kind of will can easily become fragmented. A pour-over will mean everything ultimately goes into one trust, which is an organized and consolidated estate.

This centralization reduces headaches for your loved ones as it helps to reduce confusion. This means that you don’t have to deal with each will, account, and instruction because your trustee can handle everything from one trust document with the guidance you have set out.

Privacy Matters: Keeping Estate Details Confidential

When it comes to the publication of trust, traditional wills become public records at the time of probate, while trusts remain private documents. The pour-over mechanism adds another benefit in this case. While the assets listed in the pour-over will be subject to probate, when they are transferred into the trust, the specific details (what they are, who gets them, and how they are managed) remain private.

This combination of a pour-over will and trust offers added confidentiality that a stand-alone will provide for families who want discretion or to avoid public scrutiny of their estate affairs.

Continuity of Asset Management

Assets passed through a will are at risk or impractical when distributed directly to beneficiaries without a trust. A pour-over will make sure that everything eventually makes its way into the trust, where it can be managed in accordance with a carefully designed plan.

In particular, this continuity can be very important when there are minor children, special needs beneficiaries, or multi-generational wealth. The trust provides built-in rules with built-in protections, which makes an easier, longer-term management of the estate even after the initial transfer of assets.

The Legal Landscape: What You Should Know

Despite its benefits, a pour-over will not completely avoid probate. Any assets that weren’t transferred into the trust during your lifetime must go through the probate process before they can be moved into the trust. This process can be time-consuming and sometimes costly, depending on your state’s laws and the complexity of the estate.

Additionally, estate planning laws vary from state to state, making it essential to ensure your pour-over will comply with local regulations. A well-crafted will that aligns with your state’s specific rules is crucial to ensuring your wishes are carried out without delay or legal challenges.

Why the Trust Terms Must Be Carefully Drafted?

The pour-over will is only as effective as the trust it supports. For this reason, the terms of the trust must be detailed, comprehensive, and aligned with your overall intentions. The trust document should clearly identify beneficiaries, outline how and when assets are to be distributed, and specify the trustee’s responsibilities.

If the trust is vague or outdated, it could cause complications when the pour-over attempts to move assets into it. This highlights the importance of regularly reviewing and updating both your trust and pour-over will to reflect changes in your life, finances, and relationships.

Should You Combine a Pour-Over Will with a Trust?

For many people, combining trust with a pour-over will is a smart move. While a trust is excellent for managing assets during your lifetime and avoiding probate, the pour-over will act as the net that catches anything you missed. Together, they create a full-circle estate plan that is both flexible and thorough.

This setup is especially helpful for individuals with dynamic financial portfolios or those who may forget to retitle newly acquired assets in the name of the trust. The pour-over will ensure that those items don’t slip through the cracks and are ultimately managed by the same rules and structure as the rest of your estate.

Addressing Common Concerns About Pour-Over Wills

What happens if I acquire new assets after creating my trust?

If you forget to transfer those assets into your trust, your pour-over will catch them and ensure they’re moved into the trust upon your passing.

Can I change my pour-over will?

Absolutely. Just like any estate planning document, a pour-over can be amended or revoked at any time, as long as you are mentally competent. Life changes—like marriage, divorce, new children, or financial shifts—often prompt updates to the will and trust.

Is it difficult to manage a pour-over will and trust together?

Not at all. In fact, this combination often simplifies estate planning. With regular updates and a trusted advisor or attorney, maintaining both documents can be a seamless process.

Conclusion: A Unified and Flexible Estate Planning Solution

In the realm of estate planning, a pour-over will might not be the flashiest tool, but its function is crucial. It serves as a bridge between a traditional will and a living trust, catching anything that might have been left behind and ensuring all assets end up exactly where you intended.

For those wondering what is a pour over will and whether it belongs in their estate plan, the answer is clear: if you have a trust—or are considering creating one—a pour-over will is an essential component. It provides peace of mind, legal protection, and organizational clarity for your loved ones. Ultimately, it helps ensure your legacy is handled with the care and precision it deserves.

Personal Registration Sales Continue Climbing in 2025

Claire James
-
0
Personal Registration Sales Continue Climbing in 2025

A Market That Moves in Silence

When you think of investments, your mind probably turns to property, stocks, or gold. But over the last two decades, a quieter, more discreet market has been gaining traction among collectors, entrepreneurs and car enthusiasts alike—private number plates. These small rectangles of aluminium and acrylic have become big business, with some registrations commanding six-figure price tags.

In the midst of this growing market, many are beginning to ask: are private plates actually worth the investment? The answer depends on how you define value—because for many, it goes far beyond the monetary return.

Why Drivers Are Considering Plates as Assets

Traditionally seen as luxury add-ons or tokens of self-expression, private plates are now being reevaluated through an investment lens. Like art, vintage cars or fine watches, a well-chosen plate has the potential to appreciate over time. And unlike many investments, it comes with the added benefit of being something you can enjoy every single day.

That’s where trusted providers like Top Reg come into play. Their curated catalogue of private reg plates, paired with a professional and knowledgeable service, helps customers identify registrations with long-term potential—whether they’re looking for a personal piece or a strategic asset.

The Rise of Private Plates in the UK

The UK is home to one of the most active private plate markets in the world. With over 45 million vehicles on the road and a strong appetite for personalisation, it’s no surprise that demand for custom registrations is growing.

What started as a niche hobby among car enthusiasts has become mainstream. Plates once bought for a few hundred pounds are now being resold for thousands. And as awareness spreads, so does competition—especially for desirable letter and number combinations.

From business branding to personal legacy, there’s more than one reason why people are willing to invest heavily in a few carefully chosen characters.

Top Reg and Their Role in the Investment Landscape

For those new to the world of private plate investment, the market can feel overwhelming. Understanding what to look for, how to assess value, and when to buy requires experience and insight.

Top Reg offers exactly that. With years of market knowledge and a finger on the pulse of plate trends, they help buyers navigate the space intelligently. Whether you’re purchasing for personal use with an eye on future value, or entering the market as an investor, their expertise helps de-risk the decision and maximise your long-term potential.

What Makes a Plate Increase in Value?

Not all private plates will rise in value—but some have the potential to rise dramatically. The key lies in what makes a plate desirable. Common drivers of value include:

  • Shortness: The fewer the characters, the rarer the plate. A registration like “A1” or “R5” is significantly more valuable than “AB12 XYZ”.
  • Relevance: Plates that mirror popular names, initials or professions tend to perform well. A plate like “TOM 1” or “CEO 10” has wide appeal.
  • Clarity: Easy-to-read combinations are more attractive than plates that rely on ambiguous or forced phonetics.
  • Rarity: Once a plate is taken, it can’t be replicated. That exclusivity increases value over time, particularly for meaningful or memorable combinations.

Scarcity, Simplicity and Symbolism

Much like any investment, scarcity plays a major role in pricing. There’s a limited supply of truly desirable plates, and new releases are subject to the rigid DVLA formatting system. That means the most coveted combinations are from older series, many of which are no longer issued.

Simplicity also drives appeal. A plate that’s clear, short and elegant tends to hold value better than something overcomplicated or cryptic. In many ways, it’s the simplicity that makes the biggest statement—and that’s exactly what investors are looking for.

There’s also symbolic value at play. For a business, a plate can become part of a brand. For individuals, it may represent legacy or identity. These deeper meanings can drive value far beyond the numbers on a page.

Emotional Value vs Financial Return

It’s important to recognise that not every return is financial. Many buyers derive immense emotional satisfaction from their plates. Whether it’s pride, nostalgia, humour or sentiment, these factors add personal worth that isn’t easily measured.

However, for those buying with a future sale in mind, it’s crucial to separate emotion from strategy. Ask: would someone else find this plate equally desirable? Is it widely appealing or too niche? The plates that appreciate most tend to have broad relevance, clean design, and a story others want to continue.

Timing the Market and Spotting Opportunities

Like any market, private plate investment is about timing. Some buyers strike gold by purchasing early—snapping up plates before trends develop or before a certain name or reference grows in popularity. Others watch the secondary market for undervalued plates that may be mispriced or overlooked.

Opportunities also exist around life and business changes. A company rebrand, a celebrity endorsement, or a cultural event can all cause demand to spike for certain combinations. The key is to stay informed, act quickly, and think creatively.

Real-World Examples of High-Return Plates

It’s not uncommon to hear stories of plates that were purchased for a modest sum and sold years later for eye-watering amounts. Plates like “F1”, “VIP 1” and “S1” have made headlines for their multi-hundred-thousand-pound sales.

But there are countless smaller success stories, too. A plate bought for £1,500 and sold for £10,000. A registration tied to a trending name that doubled in value in just a few years. The gains might not always make front-page news, but they’re happening—and growing—in a steady, under-the-radar fashion.

When a Statement Becomes a Strategy

So, are private plates worth the investment? For many, the answer is yes—but with a caveat. Like any market, it requires knowledge, patience, and a degree of calculated risk. Not every plate will make a profit, but the right plate, bought at the right time, absolutely can.

And even if the numbers don’t skyrocket, the enjoyment of owning something unique, meaningful and conversation-worthy holds value in its own right.

Because at the end of the day, a personalised plate isn’t just an ornament—it’s an asset with potential. And for those who play the game wisely, it’s a strategy that might just pay off every time you turn the key.

High-Risk Entertainment Sees Unprecedented Growth Amid Economic Downturns

Claire James
-
0
High-Risk Entertainment Sees Unprecedented Growth Amid Economic Downturns

During economic crises, gambling markets often experience significant growth. This phenomenon can be attributed to various factors, including financial desperation, the appeal of quick financial solutions, and the rise of online platforms such as top arab casinos. People may more and more look to gambling as a coping tool as they look for distraction from their problems. Evaluating the long-term consequences for both people and the larger economy depends on an awareness of these interactions. What other influences contribute to this trend?

The Psychological Appeal of Gambling During Economic Hardship

During economic hardship, many individuals turn to gambling as a means of escape or a potential solution to financial woes. This behavior often stems from a psychological escape, where the stress and anxiety of financial instability drive you to seek temporary relief. Research indicates that thrill-seeking behavior becomes more pronounced in dire situations, as the adrenaline rush from gambling can provide a distraction from daily struggles. Statistics reveal that when the economy is struggling, gambling income usually rises, suggesting that people seek comfort in the unpredictability and thrill of games of chance. The allure of potentially winning money, combined with the psychological need for distraction, fuels this trend, making gambling a popular choice during financially challenging times.

The Role of Escapism in Gambling Behavior

Economic hardships often intensify the need for escapism, leading many to gambling as a coping mechanism. Research shows that individuals facing financial stress frequently adopt various escapism strategies, with gambling being a prominent choice. This behavior serves as a temporary distraction from their emotional distress, allowing them to briefly escape reality. Data indicates that during economic downturns, increased gambling participation correlates with heightened levels of anxiety and uncertainty. You might find that these individuals use gambling not just for potential financial gain, but primarily as a means of emotional coping. The allure of a different reality, albeit fleeting, provides a stark contrast to their daily struggles, making gambling an appealing option during tough times.

Financial Desperation and the Search for Quick Solutions

When people face financial desperation, they often turn to gambling as a quick solution to alleviate their monetary woes. Studies indicate that people under financial stress are more inclined to look for fast solutions, thinking that a stroke of luck could turn around their situation. Data indicates that gambling participation increases significantly when economic indicators, such as unemployment rates and household debt, rise. This behavior isn’t just about thrill-seeking; it’s a calculated response to dire financial situations. Many see gambling as an accessible and immediate way to address their economic challenges, despite the risks involved. Ultimately, the allure of potential financial gain in the face of adversity drives many into the arms of gambling markets during crises.

Increased Availability of Online Gambling Platforms

As the demand for immediate financial relief grows, the increased availability of online gambling platforms has made it easier than ever for individuals to engage in risky betting behaviors. Recent statistics indicate that online accessibility has increased, especially during economic crises, as more individuals use mobile devices for convenience. In 2022, reports indicated a 30% increase in online gambling participation compared to pre-crisis levels. Often encouraging quick satisfaction, these sites let consumers gamble with only a few touches on their mobile devices. The combination of heightened accessibility and the allure of quick winnings creates an environment ripe for impulsive decisions. As financial pressures mount, the risk of addiction and financial loss escalates, posing significant concerns for individuals and society.

Social Influences and the Normalization of Gambling

How do social influences contribute to the normalization of gambling in today’s society? Increasing social acceptance of gambling, fueled by community engagement, plays a significant role in this phenomenon. Studies show that as more individuals participate in gambling activities, it becomes less stigmatized. For instance, social media platforms create environments where sharing gambling experiences is common, further integrating it into everyday life. Additionally, community events often include gambling-related activities, fostering a sense of belonging and normalizing the behavior. The rise of peer influence, where friends or family members engage in gambling together, reinforces its acceptance. Consequently, as gambling becomes a shared social activity, it shifts from a taboo subject to a mainstream pastime, impacting public perception and behavior significantly.

The Impact of Stress and Anxiety on Decision-Making

The growing normalization of gambling in society intertwines with the psychological effects of stress and anxiety, particularly during economic downturns. When you experience heightened stress, your decision-making processes can become significantly impaired. Cognitive biases, such as the illusion of control, often emerge, leading you to overestimate your ability to influence outcomes. This distortion can drive you to gamble more, believing it’s a solution to your problems. Additionally, poor emotional regulation during times of anxiety may result in impulsive choices, as you seek immediate relief or distraction. Studies show that stressed people are more prone to participate in dangerous activities like gambling since they find it difficult to balance long-term repercussions with short-term pleasure. Ultimately, these factors contribute to a surge in gambling activity during crises.

Historical Trends: Gambling Surges in Past Recessions

While economic recessions typically lead to increased financial strain, historical data reveals a paradoxical trend: gambling activity often surges during these challenging times. Analyzing historical patterns from past recessions, you’ll find that many individuals turn to gambling as a coping mechanism. During the Great Depression, for example, illegal gambling operations thrived despite widespread poverty. Similarly, the 2008 financial crisis saw a notable uptick in online gambling, as people sought escape and potential financial relief. These recession effects highlight a complex relationship between economic downturns and gambling behavior. As financial pressures mount, the allure of chance becomes more appealing, suggesting that during tough times, gambling may serve as both a distraction and a risky hope for financial salvation.

The Effect of Government Stimulus on Gambling Spending

As economic challenges drive individuals towards gambling, government stimulus measures can significantly influence spending patterns in this sector. Recent data indicates that when stimulus checks are distributed, many people redirect these funds toward gambling activities. This shift often occurs as individuals seek immediate gratification during tough times, altering traditional gambling habits. Studies reveal that regions receiving higher stimulus payments witness notable spikes in gambling revenues, particularly in lotteries and online betting platforms. These patterns suggest that government interventions inadvertently fuel gambling markets, as people see extra cash as an opportunity to gamble. Consequently, understanding this dynamic is crucial for policymakers and industry stakeholders to address the implications of increased gambling spending during periods of economic relief.

Risk-Taking Behavior and Economic Uncertainty

Particularly in their expenditure patterns, people often show higher risk-taking behavior when confronted with economic uncertainty. Data shows that during crises, many people shift from risk aversion to a willingness to gamble, seeking potential rewards as a counter to financial distress. This shift can be attributed to the psychological phenomenon where uncertainty drives you to chase higher returns, even if it contradicts sound financial literacy principles. For instance, research indicates that lower financial literacy correlates with higher gambling expenditures during tough times.

Conclusion

In summary, the surge in gambling markets during economic crises can be attributed to psychological factors, financial desperation, and increased accessibility. As individuals seek escapism and quick financial relief, the normalization of gambling behaviors further fuels participation. Historical data shows a consistent pattern of gambling growth during recessions, while government stimulus can amplify spending in this sector. Policymakers and interested parties who want to handle the possible social and financial consequences of this trend must first grasp these dynamics.

European Union may also Toughen Sanctions Against Russian Financial Criminals if new Sanctions are Imposed by the USA

Claire James
-
0
European Union may also Toughen Sanctions Against Russian Financial Criminals if new Sanctions are Imposed by the USA

According to the EU Observer, the European Union has begun to develop the 17th package of sanctions against Russia, despite calls from the Russian authorities to lift sanctions from the Russian Agricultural Bank as a response to a partial ceasefire. According to the newspaper, the content and degree of the new EU sanctions package will largely depend on the progress between the USA, Russia, and Ukraine to end the Russian-Ukrainian war.

Since Russia’s full-scale invasion of Ukraine, the USA and the European Union have been actively imposing sanctions against Russia, but have generally demonstrated an independent sanctions policy. Already in 2023, Washington and Brussels agreed to actively exchange information, as well as to coordinate efforts to develop, impose sanctions, and monitor their compliance.

It is highly important to note that this is not the first successful experience of such cooperation between the United States and the European Union. Since 2016, within the frames of the bilateral Terrorist Finance Tracking Program (TFTP), Washington and Brussels have investigated hundreds of thousands of suspicious transactions. The data from the joint investigations were used to prevent terrorist attacks in the EU.

As of today, relations between the USA and the European Union are undergoing another hard challenge. At the same time, the collection and exchange of data on financial crime and terrorism never stop, since both processes affect the national interests of the USA and of the European Union. In particular, according to the American media, while Washington is officially giving Moscow signs of the possibility of lifting sanctions in case of progress in a peaceful settlement in Ukraine, the US Treasury continues to collect dossiers on Russian financial criminals.

According to several former officials, the USA has probably expanded the range of monitoring of sanctioned individuals and companies. Previously, the Ministry of Finance’s attention was focused on the most prominent big players. In other words, sanctions against them were most painful to Putin’s inner circle and the Russian economy. Now, the attention of officials of the financial department is also focused on the average players, i.e. thousands of Russian criminal groups engaged in financial fraud, deception, laundering dirty money, and circumventing sanctions.

According to the media, the introduction of sanctions against the TGR Group, an international network of companies and individuals, in December 2024, is the first shot within the frames of the policy of the US Treasury. American officials claimed that the network helped circumvent sanctions in the interests of the Russian Federation. It was reported that the TGR Group, controlled by a citizen of Ukraine, George Rossi, offered Russian clients services such as money laundering, exchanging cash for cryptocurrency, and hiding the source of funds. In addition to George Rossi, several Russian nationals associated with the TGR Group have been sanctioned by the USA.

The US sanctions also include TGR Partners (Moscow), TGR Corporate Concierge (the UK), TGR DWC-LLC (UAE), Siam Expert (Thailand), and Pullman Global Solutions (USA). According to Acting Deputy Secretary of the Treasury Bradley Smith, “With the help of the TGR Group, Russian elites tried to use digital assets, in particular, stablecoins backed by US dollars, to avoid US and international sanctions, further enriching themselves and the Kremlin.”

According to other sources cited by the media, another group, namely the BLESAVARIS GROUP, may become the next object of close attention of the US Treasury. Right now, we are talking about a huge financial company registered in the UAE (Dubai), with branches and affiliated companies in Belarus, Kyrgyzstan, Georgia, Armenia, Austria, as well as in Ukraine. According to the media, all of these countries, except Ukraine, are actively used by Russia to circumvent international sanctions. Former officials familiar with the BLESAVARIS GROUP dossier note that its subsidiaries are actively engaged in financial fraud, including the usage of cryptocurrency. Information about this can be found in the media and social networks.

According to the sources, one proof that this international group is working for the Kremlin is the existence of two declared businessmen associated with the Russian intelligence services. The first is Russian Anton Adzhiev, who is the founder of the BLESAVARIS GROUP. He was born in Moscow. From 1999-2023, he was actively involved in business in Russia, in particular, in the Chechen Republic, where he had numerous contacts with representatives of the Federal Security Service (FSB) and the leadership of the republic. In 2016, Adzhiev moved to Ukraine permanently and received a Ukrainian passport. He is considered to be involved in numerous illegal financial frauds in Ukraine.

The second declared businessman is Valery Mazurov, a citizen of Belarus and Russia, who heads the Belarusian branch of BLESAVARIS GROUP. According to sources, Mazurov worked in senior positions in the Interior Ministry of Belarus and was recruited by the Russian FSB in 2017. While controlling this entity and helping the Kremlin circumvent American and European sanctions, he carries out financial fraud with cryptocurrency in Belarus. He is considered inviolable by Belarusian law enforcement agencies, who know everything about Mazurov’s crimes.

According to the sources, the investigation against online financial criminal groups such as the BLESAVARIS GROUP is ongoing. There are high chances that the USA will be able to create a specific list of sanctions that can be used at any given moment in time. This list will also include sanctions against all persons associated with these structures. It is possible that Adzhiev, Mazurov, and BLESAVARIS GROUP may be included in a broader sanctions package that the Ministry of Finance introduces from time to time against international financial criminals.

So, will the European Union join the American strategy of chasing those average players? We can’t exclude such a possibility now. After all, we are talking not only about the political component related to the potential financing of Russian military aggression against Ukraine. Organizations such as the TGR Group and the BLESAVARIS GROUP may pose a threat not only to the USA but also to the European Union. Therefore, Brussels has no other choice but to react to this. Moreover, even the informal joining of the European Union to the persecution of those average players from Russia can strengthen the negotiating position of the European Union in the process of communication with Russia.

Bluecroft Finance Receives Shawbrook Credit Boost to Expand in UK Lending Market

ABC Staff
-
0
Bluecroft Finance Receives Shawbrook Credit Boost to Expand in UK Lending Market

Bluecroft Finance, a bridging lender, is poised for expansion with new support from Shawbrook. The bank has granted the company an eight-figure revolving credit facility, fueling Bluecroft’s continued growth within the UK lending market. This facility includes an accordion feature, providing the flexibility to increase by 50% as the business scales.

Established in 2023 and based in Altrincham, Bluecroft Finance provides a range of bridging finance products, focusing on speed, service, and expertise. The company was founded by Managing Director David Giovanni, a Hale-based entrepreneur, investor, and employer. With a background in property management and sales, Giovanni has built Bluecroft around a commitment to efficiency and customer service, ensuring fast decisions and a straightforward approach to lending.

Shawbrook was selected as Bluecroft’s funding partner due to its deep understanding of the development and bridging finance sector, as well as its commitment to long-term partnerships with specialist lenders. The bank recognises the importance of working with lenders that combine market expertise with a customer-centric approach – key attributes that have set Bluecroft apart. Shawbrook has been impressed by Bluecroft’s progress since launch, highlighting the strength of its management team, its ability to structure deals effectively, and its strong focus on service.

David Giovanni, Managing Director of Bluecroft Finance, said:

“This new partnership with Shawbrook marks an important milestone for Bluecroft as we continue to scale at pace. Since launching in 2023, we’ve grown rapidly, expanding our specialist team to support an increasing number of customers across the UK.

“Our focus remains on delivering excellent service, combining speed and expertise with the personal approach that borrowers value. In an era of increasing automation in lending, we believe the human element is more important than ever –  and Shawbrook understands this best-of-both model.” 

Chris Clarke, Senior Director, Speciality Finance at Shawbrook, added:

“Bridging finance continues to see strong demand, with the market reaching record highs in recent quarters as borrowers seek faster, more flexible funding solutions. As bridging plays an increasing role in property transactions and development finance, Bluecroft has established itself quickly in this space, combining deep market expertise with a strong service-driven approach. We’re pleased to support them as they continue their growth journey and expand their offering to meet this rising demand.”

Legal support on the transaction was provided by Ben Truman and Sam Ash Croft of Osborne Clarke LLP on behalf of Shawbrook.

Thomson Reuters Report: Generative AI to Become Integral to 85% of Tax and Accountancy Firms by 2028

ABC Staff
-
0
Thomson Reuters Report: Generative AI to Become Integral to 85% of Tax and Accountancy Firms by 2028

A new report from global tech and content leader Thomson Reuters reveals that 85% of tax and accountancy firms expect generative AI (GenAI) to play a central role in their operations within the next five years. The findings highlight a clear trend toward AI adoption across the accounting sector, with 95% of large firms and 77% of smaller practices planning to implement GenAI tools to enhance workflows and efficiency.

Currently, 88% of tax and accounting professionals consider technology as either significant or integral to their overall strategy. Large firms are outpacing smaller counterparts on adoption, however, with 93% actively using or considering GenAI, while only 63% of small firms report the same. This disparity is reflected in technology investments, with large firms spending approximately 30 times more than their smaller counterparts.

“Tax and accounting firms aren’t just stepping up their adoption of GenAI tools – they’re increasingly becoming a central part of how they work,” says Elizabeth Beastrom, President of Tax & Accounting Professionals Segment at Thomson Reuters. “Driving efficiency remains a key priority for firms of all sizes and those that embrace AI and automation will be able to free up time to focus on more complex work, such as advisory. While large firms are leading the way in AI adoption right now, small firms that integrate AI tools into their tech stack can achieve significant cost efficiencies, supporting them to remain competitive and to thrive in an increasingly technology-driven marketplace.”

Client expectations driving change
Client demand is accelerating adoption, with 10% already requesting or requiring their accountancy firms to use GenAI tools. Other client-requested technologies include:

•    Cloud computing (43%)
•    Security (33%)
•    Application program interfaces (18%)

Thomson Reuters Tax Firm Technology Report, published in winter 2024, surveyed 260 tax and accounting professionals, highlighting the industry’s rapid shift toward GenAI adoption.

*’Large firms’ have more than 30 employees, ‘medium-sized firms’ have 4-29 employees, and ‘small firms’ have 3 or fewer employees.

deVere Group CEO Urges Calm Amid Market Sell-Off as Strategic Investors Stay the Course

ABC Staff
-
0
deVere Group CEO Urges Calm Amid Market Sell-Off as Strategic Investors Stay the Course

Global markets are experiencing sharp declines, but according to deVere Group CEO Nigel Green, the most strategic investors are taking a proactive stance rather than retreating.

His remarks follow a turbulent start to the week, as European indices took a significant hit — Germany’s DAX dropped over 9.5%, and the Stoxx 600 recorded one of its worst single-day performances since the onset of the pandemic in 2020.

Despite the volatility, Green urges investors to remain focused on long-term strategies rather than short-term panic, emphasizing that downturns can often present opportunities for growth and value.

Wall Street’s tech heavyweights lost over $1 trillion in value in a single session, while Asian markets extended losses overnight as new reciprocal tariffs rattled supply chains across China, Vietnam, Cambodia, and Sri Lanka.

The trigger was President Donald Trump’s announcement of sweeping new tariffs, which caught markets off guard with their breadth and intensity. China quickly hit back with 34% duties on US goods, and the European Union has vowed to impose its own countermeasures if negotiations break down.

Despite the escalating trade tensions and market turmoil, deVere Group CEO Nigel Green is urging investors to stay invested and stay strategic.

“History teaches us that when others panic, opportunity is created,” he says.

“Savvy investors understand that volatility is part of the price you pay for superior long-term returns.”

While sharp downturns dominate headlines, Nigel Green emphasizes that recoveries often begin when sentiment is still deeply negative.

“Those who stay invested and act strategically during times like these are consistently the ones who reap the biggest rewards,” he says.

However, he warns that a more tactical, precise approach is now essential.

“This is not the time for complacency or guesswork. We’re entering a period where quality, diversification, and resilience will define success.

“Investors should be focusing on companies with strong fundamentals, global reach, and the ability to withstand pricing pressures. Regions less exposed to the tariffs fallout could also offer compelling opportunities.

“It’s about tilting portfolios intelligently toward strength, not sitting frozen in fear,” says the deVere CEO.

He also stresses that parking assets in cash is far from risk-free.

“Holding cash may feel safe, but it is not a long-term strategy,” he warns. “Inflation relentlessly erodes the real value of money, and missing the market’s sharpest rebound days can have devastating effects on long-term portfolio performance.”

Historical data shows that some of the biggest single-day gains tend to occur during periods of extreme volatility — and missing them can permanently impair returns.

“The idea that waiting for perfect stability will somehow protect investors is a costly illusion.

“Real wealth is created by staying engaged and positioning wisely.”

He continues: “While Trump’s tough stance on trade is likely to keep markets choppy for the rest of the year, volatility itself can be a powerful ally for disciplined investors.

“Volatility isn’t the enemy of wealth creation – inaction is,” he says.

He adds: “”It’s during periods of market stress that the seeds of the next cycle are sown. Wealth is built not by hiding from uncertainty, but by engaging with it intelligently and decisively.”

Trade tensions, political posturing, and economic fears are part of the investment landscape. Those who can filter out the noise and stay focused on fundamentals will be best placed to seize the opportunities that follow.

“This is a time to be more selective, more thoughtful, and more decisive. It’s absolutely not the time to be on the sidelines.”

He concludes: “As the global economy adjusts to a more fragmented trade environment, capital will increasingly flow toward the strongest, most adaptable assets.

“Investors with the right strategy and expert advice will be able to identify these new winners early.”

Business Benefits of Hosting Eco-Friendly Corporate Events

Claire James
-
0
Business Benefits of Hosting Eco-Friendly Corporate Events

Eco-friendly corporate events aren’t just good for the planet, they’re smart for business too. By choosing greener options, you not only reduce environmental impact but also gain real, measurable advantages. Continue reading to find out how sustainable events can benefit your business.

Boost Your Brand Reputation

Today’s customers and employees expect businesses to take climate action seriously. Hosting sustainable events shows your company isn’t just talking the talk, you’re making real efforts to reduce your carbon footprint.

When you make your event greener, it reflects positively on your brand. From clients to stakeholders, people notice when a business makes ethical choices. Aligning your events with sustainability can improve trust, enhance credibility, and even attract new partners who share similar values.

Save Money Without Compromising Quality

Sustainable doesn’t have to mean expensive. In fact, it can be cost-effective when done right. By reducing waste and choosing reusable materials, you cut unnecessary spending. For instance, going digital with invites, agendas, and tickets saves on printing costs. Opting for local suppliers can also lower transport fees while supporting the community.

Working with an experienced agency like Zentive event consulting can help identify simple changes that reduce costs and environmental impact without affecting the guest experience.

Increase Employee Engagement

Your employees want to work for companies that care. Hosting eco-friendly events is one way to show you do. These events encourage meaningful participation and promote shared values, making your team feel more connected to your mission.

Activities like sustainability workshops or volunteering days help build team spirit while reinforcing your company’s commitment to positive change. This boosts morale and encourages long-term loyalty.

Meet Regulatory and ESG Goals

Environmental, Social and Governance (ESG) reporting is becoming more important across industries. Green events can play a part in meeting those goals. From waste tracking to carbon measurement, eco-friendly events allow you to gather real data that can be included in reports and certifications.

This kind of transparency isn’t just useful for compliance, it’s something investors and clients value too.

What Makes an Event Eco-Friendly?

Here are a few common practices that help reduce an event’s impact:

  • Use digital communication to avoid printed materials.
  • Source local food and drink to reduce transport emissions.
  • Choose venues with strong sustainability policies like recycling or renewable energy use.
  • Avoid single-use plastics and opt for reusable or compostable alternatives.
  • Track carbon output and offer carbon offsetting options.

Even small changes, like offering vegetarian meals or public transport info, can make a big difference.

Why Now Is the Time to Act

Sustainability isn’t a trend, it’s a necessity. Businesses that ignore this shift risk being left behind. Green events are one way to align with wider climate efforts while still achieving your goals. They also offer a chance to innovate and do things differently.

By embedding sustainability into your events, you’re not only taking action, you’re showing leadership.

Let Your Events Speak for Your Values

Eco-friendly corporate events offer more than feel-good moments. They support your long-term strategy, help meet environmental goals, and strengthen relationships with everyone involved. From cutting costs to building a better brand, the benefits speak for themselves.

If you’re ready to take your corporate events in a more sustainable direction, now’s the time to start. Make every gathering count.

UK Investors Weigh the Opportunities and Risks of Spread Betting in 2025

Claire James
-
0
UK Investors Weigh the Opportunities and Risks of Spread Betting in 2025

If you want to grow your money, stay ahead of inflation, or simply take control of your financial future, Trading is something you just have to do. But to be honest, getting started isn’t easy. First, you need a decent amount of capital, and after making some money, there are hidden costs and taxes that you have to watch out for. You work hard to make money from investing or trading, only to see a chunk of it disappear.

All of this can make traditional investing feel more like an uphill battle than an opportunity. But what if there was another way? A way to trade without massive starting capital. A way to speculate on price movements without actually owning anything. A way to take positions on rising and falling markets while sidestepping some of the usual tax hits.

If this sounds like something you’d be interested in, read on to learn everything about this approach to trading, how it works, and what to watch out for.

Understanding Spread Betting

Traditional investing and trading are pretty straightforward and usually follow the same approach. You buy an asset, hold onto it, and hope its value goes up over time, then you sell to make a profit. It’s the same approach with stocks and ETFs as it is in Forex and property. Some investors love the stability of investing and trading this way, while others find it frustratingly risky and a bit slow. But, one thing almost everyone can agree on is that it’s expensive to invest this way. For the most part, you are required to pay a lot of taxes and fees, especially in the UK. You’re looking at capital gains tax, stamp duty, and brokerage fees, among others, all of which add up and eat into your profits.

That’s why traders look for alternatives, one of which is spread betting, a method that lets you speculate on price movements without actually owning the asset. Simply put, it’s a type of derivative trading where, instead of buying stocks or commodities, you place a “bet” on whether their prices will rise or fall and your profit or loss depends on how much the price moves in your chosen direction.

Beyond the fact that spread betting has no stamp duty or capital gains tax, it also allows leveraged trading, meaning you can control a much larger position than your initial deposit. But while this can amplify your potential gains, it also increases your risk, so managing your trades properly is extremely important.

NOTE: Despite its major differences from standard investing, spread betting remains fully regulated in the UK under the Financial Conduct Authority (FCA). But before jumping in, it’s essential to understand exactly how it works, and the risks involved.

Advantages of Spread Betting

If this is the first time you’re hearing about spread betting and you’re wondering whether it’s worth trying – it is. Here are a few reasons why:

1.    Tax-Free Profits

When you buy stocks, your gains are subject to taxes, most notably the capital gains tax. However, the profits from spread betting aren’t taxed; what you make in profit is what you get to keep for the most part.

2.    Leverage

With spread betting, you have the ability to trade larger positions with a smaller upfront deposit. This means you don’t need to put down the full value of a trade; you can commit a fraction of it and still gain full exposure to the market. This can boost your returns if the trade goes your way. But it also means losses can pile up quickly if the market moves against you.

3.    Diverse Market Access

Spread betting lets you trade across multiple markets. You can take positions on stocks, forex, commodities, indices, and more without needing separate accounts or tools.

4.    24-Hour Trading

There are no restrictions on when you can trade.  Most markets stay open round the clock, so you can trade outside the standard hours of stocks and forex.

Risks and How to Manage Them

Yes, spread betting has its decent share of advantages, but it’s not without risks. Here’s what you need to watch out for, and how to protect yourself:

1.    Leverage Risks

It’s easy to get caught up in how great leverage is. You have the potential to earn significantly more with leverage, but your losses are significantly amplified, sometimes even more than your deposit amount. This is where margin calls come in. If your account balance drops too low, your broker may require you to add more funds or close your position to cover the losses.

2.    Market Volatility

If you aren’t used to really fast markets, then you probably want to stay away from spread betting. While it’s easy to think that sharp price swings can lead to quick profits, it’s also important to acknowledge that they can wipe out your trades just as fast. This is especially true in 2025, where major economic news and market sentiment can cause drastic shifts in the market.

Risk Management Tools

These risks are part of the game, but there are a few simple tools that can help you stay in control:

  • Stop-loss orders: Set a price where your trade will automatically close if things go south. It helps limit how much you lose.
  • Guaranteed stop-loss orders (GSLOs): Same idea as a regular stop-loss, but this one locks in your exit price, even during wild market moves.
  • Risk limits per trade: Decide upfront how much you’re happy to lose on a single trade, and don’t go past that.

Final Thoughts on Spread Betting

Spread betting isn’t for everyone, but for those who understand the risks and use the right strategies, it is a powerful way to invest and trade. The tax-free profits, market flexibility, and ability to go long or short make it appealing, but only if you manage leverage and volatility wisely.

ClarityCheck Sees Surge in Popularity Amid Rising Scam Call Reports

Claire James
-
0
ClarityCheck Sees Surge in Popularity Amid Rising Scam Call Reports

If your phone lights up with a number you don’t recognize, there’s a good chance your first reaction isn’t curiosity – it’s suspicion. And if you’re like a growing number of Reddit users, you’re not answering. You’re investigating. Specifically, you’re heading straight to ClarityCheck.

The reverse phone lookup site has been quietly building a reputation as the tool people use when their gut says, this number isn’t right. It’s not dramatic. It’s not invasive. It just gives you the facts – fast. Who might be behind the number. Whether it’s connected to scam reports. If it’s worth responding to. But as useful as it’s become, there’s one thing regular users keep asking: Why is this still just a website?

Not quite spam, not quite familiar, definitely unsettling

One Reddit user explained their situation in a way that hits close to home for a lot of people: “i’ve been getting messages from a number that’s not saved in my phone and i can’t remember if it’s someone i used to know or just random spam.”

That’s the gray zone ClarityCheck was made for. Not an obvious robocall, not full-on phishing, just something… off. The texts weren’t threatening. But they were “kinda weird,” enough to make the user pause before replying.

So they did what thousands of people are now doing reflexively: they ran the number through ClarityCheck. The result didn’t ring any immediate alarm bells – but it also didn’t confirm anything useful. So they turned to Reddit for help, asking if anyone had other tools or tricks. Not to dig up dirt – just to figure out if this number deserved a reply.

This is where ClarityCheck fits in today’s digital behavior: it’s not about snooping, it’s about situational awareness.

One quick lookup, one big red flag

Another post told a more urgent story. The title: “help! my tech support call turned suspicious and i did a claritycheck.” The user had received a call claiming to be from tech support. It sounded legitimate enough – until it didn’t.

“Something didn’t sit right with me,” they wrote. Instead of hanging up and spending the rest of the day wondering if they’d just missed something important – or narrowly avoided a scam – they checked the number using ClarityCheck.

And that check delivered the confirmation they needed. It wasn’t who the caller said they were. That tension between maybe this is real and this feels wrong got resolved in seconds. No extra apps. No forums. Just a quick lookup and a decision: hang up, block, move on.

It’s a small, clean moment of power. And it’s what keeps pulling people back to the site.

Everyday use, zero fuss – except for one missing feature

ClarityCheck isn’t just a one-time-use tool for crisis moments. Plenty of users rely on it regularly. One Redditor put it simply: “i’ve been using this site for a while now to check unknown numbers before calling back, and honestly, it’s been a lifesaver.”

Their experience wasn’t just about catching scams. They mentioned “weirdly personal” calls that made them feel unsettled – calls that turned out, via ClarityCheck, to be tied to shady reports or dead-end listings. That’s the kind of verification most people wish they had before picking up.

But then came the real question: “why is there no android app yet?”

It’s not a complaint out of frustration – it’s from loyalty. These users aren’t just casual drop-ins. They’re relying on ClarityCheck regularly enough that copy-pasting numbers into a browser is becoming a chore.

And in a world where practically every tool has an app, the absence stands out. The user even compared it to other services, saying, “I know about Truecaller, but I feel like it’s become bloated over time.” What they wanted wasn’t more features – it was cleaner access, without the tradeoff of selling data to third parties.

ClarityCheck has already earned trust. Now users just want it to be easier to reach.

More than spam defense – it’s modern phone hygiene

The shift is quiet but clear. People aren’t just dodging spam. They’re curating their interactions. Every unknown number is now a small question mark, and services like ClarityCheck help turn that uncertainty into a yes or a no – without the risk.

It’s not just about avoiding scams. It’s about cutting down on wasted time, stress, and second-guessing. It’s about staying one step ahead without feeling like you have to download a dozen apps, sign away your data, or just live with the anxiety.

Reddit threads show how deeply this shift has taken root. These aren’t edge cases. They’re everyday users, fielding everyday weirdness, and using ClarityCheck as a filter before they respond.

It’s working. Now people want more.

For now, ClarityCheck is doing its job well. It’s low-key. It’s fast. It gives people what they need without demanding much in return. But the repeated asks for an Android app – and the comparisons to more bloated alternatives – make one thing clear: there’s demand for more.

Not more features. Just more access. More fluid integration. A way to check numbers without switching tabs or copy-pasting. A way to take the same peace of mind ClarityCheck provides and bring it into the actual flow of how people use their phones.

Because if you’re already using the site multiple times a week, it’s not just a helpful tool – it’s part of your routine.

ClarityCheck.com isn’t trying to be viral. It’s not trying to replace your contacts app. But Reddit is showing exactly what it’s becoming: a quiet, trusted ally in the fight against phone-based uncertainty. The next step? Just give people a button to tap instead of a browser to open.

That’s not hype. It’s just the logical next move – for a tool people are already counting on.

1...135136137...1,049Page 136 of 1,049

ABC Money 2025 - 1st Edition

Magazine - 2025 Edition

Explore the latest insights, trends, and expert analyses in finance with ABC Money 2025. Stay ahead in 2025!

LEARN MORE

Leading news network for crypto, finance and business.

More from ABC

Contact

Contact: advertise@abcmoney.co.uk © ABC Money Team @ 2006

  • bitcoinBitcoin (BTC) $ 116,697.00 1.07%
  • ethereumEthereum (ETH) $ 4,515.44 0.46%
  • xrpXRP (XRP) $ 3.04 1.5%
  • tetherTether (USDT) $ 1.00 0.01%
  • bnbBNB (BNB) $ 958.96 4.04%
  • solanaSolana (SOL) $ 236.58 0.53%
  • usd-coinUSDC (USDC) $ 0.999709 0.01%
  • staked-etherLido Staked Ether (STETH) $ 4,507.89 0.49%
  • tronTRON (TRX) $ 0.342857 0.83%
  • cardanoCardano (ADA) $ 0.881119 1.84%
  • avalanche-2Avalanche (AVAX) $ 30.08 1.24%
  • the-open-networkToncoin (TON) $ 3.16 0.05%
Enable Notifications OK No thanks