Most of us know that banks are not charitable institutions. We just deal with them for lack of choice especially when it comes to money transfers. But there is a choice according to Wise, a global money transfer firm, which is focusing on transparency and cost efficiency to address the prevalent issue of high bank fees and hidden costs in international money transfers. Do you think Filipinos will bite? Know more>> https://lnkd.in/g267fYqb #moneytransfer #wise #remittance #ofw #fintechnewsph
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Premium Bonds were first introduced as a way to raise money for the country in the post-war years. They’ve continued to be very popular ever since, especially as gifts for other people. In this blog, we give you the full lowdown on Premium Bonds: https://lnkd.in/er3CchnM #PremiumBonds #Money
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All Ways Network are pleased to present their first webinar for 2024 entitled “Can Muslim led not-for-profits apply for Lottery grants?” For many faith-based not-for-profits (NFPs), particularly those which are Muslim-led or serve Muslim communities, lottery funding has long been a sensitive subject. In times of financial hardship, accessing grant funding is vital for grassroots NFPS to survive. Now is the time to find out more. Can Muslim charities accept funding from the National Lottery? How exactly is the lottery grant funding raised? Can the need for aid outweigh the origins of funding? Get the answer to these and other questions at this FREE session hosted by All Ways Network (AWN) and delivered by Umer Suleman, an advisor for the finance arm of the Islamic Council of Europe and has over 10 years experience in Islamic finance. If you are a small NFP with values based in Islam, this is your unique chance to find out more.
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Head of NGOs - International charity payment "solutionist" with 11 years experience in cross border funding delivery
🎙 Banking & charities: what's causing the rift & can we fix it? 🎙 It’s here. And it wasn’t easy.😣 Click the below link to listen!! 🎧 There are some strong opinions on our Charity Times podcast, but they needed voicing 📢 📢 🌎 Over the years, not only were these observations experienced first-hand, but we were hearing similar concerns from counterparts at other financial institutions here in the UK, Switzerland and in the U.S. 🌍 Tasked with supporting international charities remitting funds overseas, efforts were being hampered by finance sector-wide cultures of de-risking fear, profit-first, little-to-no understanding of the humanitarian mission and the constant drive toward more service digitisation... meaning less expert, personal support 😲 An already difficult job being made more difficult 😩 Yes, there is the odd niche FI out there doing good work and they're certainly aligned with international development and humanitarian needs, but in the UK alone, there’s over 16,200 charities working internationally 🤯 There needs to be more of those charity-first financial institutions! 🤝 When it comes to payments and foreign currency 💱 the huge majority of charities are left to just suck up generic service offerings from banks and non-bank FIs who give an average to sub-standard customer service when it comes to supporting INGOs 😢 And we see that causing problems. 🚨 £300million+ 🚨 in problems. It’s a UK sector-wide loss IPT Africa attributes to obscene FX rates, banking fees (both seen and unseen) and delayed/rejected/returned payments 🤦♂️ 🤦♀️ All of which we’re working hard to solve 💪 💪 Reach out to IPT Africa today to find out just how we’re doing it.
Banking & charities: what's causing the rift & can we fix it?
charitytimes.com
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It depends on the situation. In many cases, an RRSP can roll over to the surviving spouse or common-law partner on a tax-deferred basis. Your spouse won't have to pay tax until they withdraw funds (and then only on what they withdraw during the year). Your spouse doesn’t require additional RRSP contribution room when the rollover happens. Otherwise, subject to a few exceptions, the value of your RRSP is included as income in your final tax return, regardless of who receives the funds (e.g. your adult children, a charity, etc.). This applies to most provinces, but special rules apply if you’re a Quebec resident. To learn more, contact our office: Phone:(289) 635-2800 Email: evolv.financial@sunlife.com #financialhealth #financialfreedom #insurance #investments #debtfreejourney #wealthadvice #business #money #investing #financialfreedom #investment #entrepreneur #wealth #invest #success #forex #motivation #realestate #investor #personalfinance #financialliteracy #smallbusiness #credit #entrepreneurship #marketing #trader #financetips #financialplanning #economy #creditscore #burlingtonadvisors
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Have you heard about the NAR Settlement and are a bit anxious about it? Here are some of our unique loan programs that may help you save the money you're concerned about, or just save money, in general! Reach out to learn more about these programs or have questions on what the #NARsettlement is. #CMGhomeloans #HomeFundIt #AllInOneLoan #ListAndLock #RateRebound #MortgageRates #downpaymentassistance
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Have you heard about the NAR Settlement and are a bit anxious about it? Here are some of our unique loan programs that may help you save the money you're concerned about, or just save money, in general! Reach out to learn more about these programs or have questions on what the #NARsettlement is. #CMGhomeloans #HomeFundIt #AllInOneLoan #ListAndLock #RateRebound #MortgageRates #downpaymentassistance
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Is it permissible for charitable trusts to invest in mutual funds and stocks? Check out an insightful article on " Can Charitable trusts invest in mutual funds and stocks?" as Nehal Mota , Co-Founder of Finnovate shares her thoughts on this article , featured in the National Edition of LiveMint (Page 11) and online. It's a must-read to understand whether trusts (public or private). Section 8 companies or societies can invest in market - linked instruments. You can also read it online , link in comment section. #finance #estateplanning #taxpolicy #taxplanning #charitabletrust #Financialplanning #investment #investing #tax #moneymindset #mutualfund #financialawarenessmatters
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Certified Financial Planner l Wealth Management | Financial Planning | Retirement Planning | Value Investing | Personal Finance
Is it permissible for charitable trusts to invest in mutual funds and stocks? Check out an insightful article on " Can Charitable trusts invest in mutual funds and stocks?" as Nehal Mota , Co-Founder of Finnovate shares her thoughts on this article , featured in the National Edition of LiveMint (Page 11) and online. It's a must-read to understand whether trusts (public or private). Section 8 companies or societies can invest in market - linked instruments. You can also read it online , link in comment section. #finance #estateplanning #taxpolicy #taxplanning #charitabletrust #Financialplanning #investment #investing #tax #moneymindset #mutualfund #financialawarenessmatters
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The Federal Government has released draft laws regulating Buy Now Pay Later (BNPL) products. It's good news because it finally treats BNPL as a credit product. We often see veterans with multiple BNPL loans trapped in a cycle of debt. What seemed like short-term gain, can result in long-term pain! That’s why we’ve been part of the Close Lending Loopholes alliance, calling for greater regulation and consumer protections, together with Financial Counselling Australia Choice Anglicare Australia Good Shepherd Services St. Vincent de Paul charities, community groups, and financial counselling practitioners. Bravery Trust provides a veteran-specific Financial Counselling Service for current and ex-serving members of the ADF. https://lnkd.in/geGZ7QPU Jim Chalmers Australian Government #BNPL #CloseLendingLoopholes #braverytrust #supportingthosewhoserve #supportingveterans #financialeducation #financialcounselling #financialaid #financematters #bravetoask #empoweringpeople
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The Sovereign Gold Bonds (SGB) 2023-24 Series-IV tranche is available for subscription starting today, February 12, 2024, and will be open until February 16, 2024. SGBs are normally allocated seven days after the subscription ends, so this tranche’s issuance date is February 21, 2024. Sovereign Gold Bonds 2023-24 Series IV opens on February 12: Know the latest SGB tranche issue price Investors including individuals, HUFs, trusts, universities and charitable institutions are eligible to invest in SGBs. Individual investors with subsequent change in residential status from resident to non-resident may continue to hold SGB till early redemption/maturity. #soverigngoldbondscheme #sovereign #goldbond #sgb #sovereigngoldbondscheme2024 #gold #digitalgold #latestupdate
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