I cannot count how many times I’ve heard investors brag about all their no commission bond trades. Maybe they thought if they said it enough times, it would come true. It is not true now, nor has it ever been true. The regulators allowed the industry to drag its feet for years—until May 14, 2018. […]
Name Your Price: What Millennials Want From Financial Services When millennials weigh whether to hire an advisor, they want assurance that they’re hiring an educator acting in their best interest. They don’t want a salesperson pitching products. They may already understand the role of a fiduciary, but many advisors still define the term. Stating at […]
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. […]
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. […]
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 […]
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 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 […]
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 […]
“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 […]
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 […]
PND is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals. This Edition is brought to you by: The Perfect Price AI platform makes millions of pricing decisions for forward-thinking companies around the world. Our cloud-based service allows customers to quickly anticipate and react to changes in demand in […]
Epic Games issues V-Buck refunds for Fortnite ‘Birdie’ skin pricing error | Fortnite INTEL
The Birdie skin was offered briefly in the Fortnite Item Shop for 1,200 V-Bucks, which was 400 V-Bucks over the original price, and Epic has refunded those players. On April 14, Epic Games released the Birdie female skin in the Fortnite Item Shop for 1,200 V-Bucks, however, there was an error with the pricing. Fortnite […]
MindShare 2019 – May 14-16 | Zilliant
Want to Drive Profitable Growth in 2019? The B2B industry is consistently failing to capture hidden pockets of revenue and profit that can be uncovered today. Learn from industry experts on how to put an end to profit leakage for good. Zilliant MindShare welcomes you to our ecosystem of best-in-class partners and thought leaders. You […]
The Masters Tournament is one of the most prestigious events in sports Opens a New Window. , but fans who paid top dollar for entry badges can look forward to dirt-cheap prices at Augusta National Golf Club’s famous concessions stands Opens a New Window. . The Masters menu features traditional items such as pimento cheese […]
This Week in Pricing > 4/13/19
TWIP is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals. This Edition is brought to you by: The Perfect Price AI platform makes millions of pricing decisions for forward-thinking companies around the world. Our cloud-based service allows customers to quickly anticipate and react to changes in demand in […]
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