Category: Basic Income

American Equity to Emphasize Marketing of Accumulation Products

American Equity Investment Life Holding redirected third-quarter marketing efforts away from guaranteed income products toward accumulation products, a company executive said Tuesday.

The shift mirrors a similar tilt expressed by independent agents in favor of accumulation products in the $60-billion fixed indexed annuity market. American Equity is a top seller of FIAs in the United States.

“We addressed this shift by placing more emphasis in our marketing efforts on our Choice Series at American Equity Life,” said Ronald J. Grensteiner, president of American Equity Investment Life Insurance in West Des Moines, Iowa.Index annuities offer contract holders the opportunity to earn interest […]

Universal Basic Income: Is this the way forward?

Universal Basic Income: Is this the way forward?

A Utopian society where everyone gets paid and is no longer a slave to work?

Universal Basic Income: A payment everyone receives end of – Scot Santens – Flickr The idea of #Universal Basic Income was put in the form of a referendum to the Swiss electorate who rejected it at the time. Now in Finland Sini Martinnen has been chosen like many other Finns to receive payment of 560.00 Euros (£495) as a social experiment possibly to introduce the system if successful.

At the time she received a letter from the government to say she had been selected to […]

The Fundamental Facts on AeroVironment, Inc. (AVAV)

The Fundamental Facts on AeroVironment, Inc. (AVAV)

AeroVironment, Inc. (NASDAQ:AVAV) is on our radar right now but there could still be some opportunities on the horizon. Now trading with a market value of 1.09B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. Everyone seems to have their own opinion of this stock. But what do the numbers really say? We think it’s a great time to take a fresh look.

AeroVironment, Inc. (NASDAQ:AVAV) Fundamentals That Matter

It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet […]

First in the Nation: California’s Universal Basic Income Experiment to Begin in 2018

First in the Nation: California’s Universal Basic Income Experiment to Begin in 2018

Stockton, California Mayor Michael Tubbs at a League of Women Voters event in 2009. (Unmodified Creative Commons photo by the League of Women Voters of California. http://bit.ly/2iDzpbc) Stockton, California, a city of 300,000 people located about 80 miles east of San Francisco, has become the first city in America to announce plans for a Universal Basic Income program.

Universal Basic Income, or UBI, is a social welfare program that allows a government to unconditionally ensures a sum of money to its citizens on a regular basis.

Proponents argue a UBI can aid in lifting people out of poverty and raising low […]

Could the Universal Basic Income ever work in the UK?

Could the Universal Basic Income ever work in the UK?

Finland Universal Basic Income benefits features labour force survey In January, Finland became the first European country to pay their unemployed a set monthly sum, as part of a social experiment centred on the idea of Universal Basic Income (UBI). The two-year scheme offers unemployed Finns between the ages of 25 to 58, €560 (the equivalent to £475) a month, which will continue to be paid even if they find work.

But what is Universal Basic Income? And could it really work in the UK?

UBI replaces pre-existing social benefits, by instead giving the unemployed a monthly amount to spend how […]

UK: European Social Survey (ESS) teaming up with Ronnie Cowan MP in event revealing the UK’s attitude to UBI

UK: European Social Survey (ESS) teaming up with Ronnie Cowan MP in event revealing the UK’s attitude to UBI

As part of the Economic and Social Research Council’s ( ESRC ) Festival of Social Science 2017 , the European Social Survey ( ESS ) is teaming up with Ronnie Cowan MP in a free event that will be held in Portcullis House, Westminster, from 9am on Thursday 16th of November to discuss the UK’s attitude to Universal Basic Income (UBI).

For the first time in the history of the ESS, a question was included in the welfare section of face-to-face surveys asking the participant’s opinion of a UBI. Using the data collected, which was released in October 2017, the […]

‘No wage slavery’: Universal Basic Income explained

'No wage slavery': Universal Basic Income explained

Sheer joy: Baby hippo filmed just having fun

Baa-rack O-baa-ma: Sheep spot celebs

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Platform decumulation delusion puts advisers at risk

Platform decumulation delusion puts advisers at risk

By Damian Fantato Platforms declining to offer the full range of pension withdrawal products with only drawdown widely available, is putting advisers at risk of claims they are not acting in the best interests of clients.

Consultancy firm the Lang Cat found just 53 per cent of advisers use a platform specifically for decumulation, that is to enable clients to manage the withdrawal of their retirement savings.

The Lang Cat’s founder Mark Polson said that what made this particularly disappointing was the fact some of the most popular platforms did not offer “the most basic features” for decumulation.He said things became […]

If Ontario Works, boutique tax credits go, Schmale on board with basic income

If Ontario Works, boutique tax credits go, Schmale on board with basic income

Haliburton-Kawartha Lakes-Brock Conservative MP Jamie Schmale has clarified his position on basic income, saying he’s all for the pilot if Ontario Works is eliminated and the boutique tax credits go.

Schmale, who was not as specific in his first interview with The Lindsay Advocate, clarified his remarks on The Advocate’s active social media presence on Facebook.

“I think what didn’t come out clearly…is I am supportive of basic income if the civil service is substantially reduced,” Schmale wrote on Facebook.“If basic income is a switch from the current way of doing things (Ontario Works, boutique tax credits), then absolutely! However, if […]

Riding driverless cars into uncharted ethics

Riding driverless cars into uncharted ethics

Driverless car manufacturers are eager to make their technology a reality. However, the release of automated cars presents both ethical and technical quandaries.

The transportation business has gone through significant changes before, but the advent of driverless cars means a multitude of only partially understood ramifications. If approved, driverless trucks will displace many drivers; thus causing unemployment.

There is no doubt that unemployment will affect workers, their families, and the community overall. But should technology be held back and cause economic stagnation in favor of traditional jobs?Driving is one of the most common jobs in the world, and these men and […]