Tag: Financial Services Pricing

Feeling squeezed by pricing pressure? Here’s what to do | Advisor.ca

Feeling squeezed by pricing pressure? Here’s what to do | Advisor.ca

If you’re feeling pricing pressure, you’re not alone. At CFA Toronto’s Annual Wealth Conference this week, about two-thirds of audience members said they feel price pressure. (The question was asked and answered via smartphone, with responses tabulated.) In the current environment of low-cost online competition, that pressure comes as no surprise and will likely increase. […]

U.S. muni bond firms race to comply with new price transparency rule | Reuters

U.S. muni bond firms race to comply with new price transparency rule | Reuters

Trading in some corporate bonds, under an amendment to Financial Industry Regulatory Authority rules, will also be affected. Under the rule, muni brokers will be required to determine a baseline number, known as a “prevailing market price,” in order to show retail investors how much prices for a bond transaction were marked up or down. […]

More Advisors Experimenting with Alternative Pricing Models | Wealth Management

More Advisors Experimenting with Alternative Pricing Models | Wealth Management

Some advisors are content to ride out their careers with their current client roster, feeling little need to grow their practice by attracting the attention and assets of younger clients. But there are some that do feel the need, either because they understand it’s their fiduciary duty to steward their clients’ assets into the next […]

SEC Steers Pilot on Equity Trading Fees and Rebates Amid Headwinds | Traders News

SEC Steers Pilot on Equity Trading Fees and Rebates Amid Headwinds | Traders News

The transaction-fee pilot was announced in March to address criticism over the maker-taker system of rebates, which reward brokers that route client orders to the exchanges with the highest rebates. The practice has been controversial as some say it distorts the order routing behavior of brokers. Buy-side firms and other critics maintain that the rebates […]

Buzz Points disrupts the rewards industry with innovative contracts and pricing | CUInsight

Buzz Points disrupts the rewards industry with innovative contracts and pricing | CUInsight

Buzz Points enables community financial institutions to offer a free rewards program for consumers where they earn rewards everywhere they shop and for completing account activities, such as enrolling in estatements or applying for auto loans. Industry standard contracts for these types of programs usually last 3-5 years and frequently include exclusions and other terms […]

Your insurance company knows more about you than Facebook | CBS News

Your insurance company knows more about you than Facebook | CBS News

With billions of dollars on the line, insurers maintain a huge database of those they regard — correctly or erroneously — as bad risks. ISO, a subsidiary of Verisk Analytics, uses detailed reports from insurers to perform this type of “predictive analytics.” Insurers can also obtain crucial data on car accidents and violations on an […]

Customers not getting the best deal: ACCC | SBS News

Customers not getting the best deal: ACCC | SBS News

“It’s almost impossible for customers to obtain accurate interest rate comparisons without investing a great deal of time and effort,” Mr Sims told reporters in Sydney after the report’s release on Thursday. Mr Sims said banks were not competing to offer borrowers the best price, with the watchdog uncovering evidence decision makers were trying to […]

Astros tickets: Hot but more expensive after World Series championship | Houston Chronicle

Astros tickets: Hot but more expensive after World Series championship | Houston Chronicle

On the field, the Astros’ official hashtag for the 2018 season is #NeverSettle. But in the ticket office, based on the first day of public single-game ticket sales that included an official sellout of the April 2 home opener, the unofficial mantra is #WePriceToDemand. Demand to watch the team that won the 2017 World Series […]

Simple and complex risks split insurance pricing – Zurich | Strategic Risk Europe

Simple and complex risks split insurance pricing – Zurich | Strategic Risk Europe

“When it comes to new emerging risks, risk management is on the front line.” She noted that Zurich has taken a lead in offering international insurance programmes since 1978. “Back then, nobody dared to offer such covers,” said Tondu-Mélique. For general insurance pricing, she suggested commercial buyers had seen prices flatten after years of cheapening […]

Vanguard’s new CEO on Canada’s rapid ETF growth and just how low investing costs will go | The Globe and Mail

Vanguard’s new CEO on Canada’s rapid ETF growth and just how low investing costs will go | The Globe and Mail

Despite the differences between the markets in which Vanguard operates, Mr. Buckley’s message as incoming CEO is consistent: He will continue to focus on the Vanguard promise of providing investors with top performing funds at the lowest price possible. “Maybe competitors don’t realize that we are built to be low cost across the board, but […]