Tag: guaranteed income

Should Laurie sell her downtown Toronto home or reverse mortgage the property? THE PERSON

Laurie is a single retired senior who lives in the heart of Toronto. In simple terms, she is house rich and cash poor, and has no workplace pension. Her income comes from tenants who rent the upstairs apartment in her home, and the usual government entitlements of Canada Pension Plan, Old Age Security and Guaranteed Income Supplement. She is currently taking courses at a local university toward a graduate degree.

THE PROBLEM Laurie has been using debt to maintain her current lifestyle. She has a […]

Full Post at www.thestar.com

Living with a daily glut of breaking-news, we can be excused for not recognizing news that is truly epic. While sorting through the daily tweets and twists from the White House, and the daily roar and reaction from the critics, it’s easy to see why we are caught up in what is daily.

But what about the day after….? Because ready or not, it’s coming.

When it does, our fixation with yesterday [Make America Great Again] will eventually run into tomorrow [Amazon]. In other words, while the White House preaches jobs for a dying coal industry and […]

Full Post at www.chicagonow.com

VALDOSTA — To combat the decrease of physicians and the increase in demand, the Hospital Authority of Valdosta and Lowndes County approved a new physician recruitment plan during a meeting Wednesday.

The recruitment plan includes benefits to incentivize more physicians coming to and staying in Valdosta/Lowndes County. One benefit in the plan is a guaranteed income for the first year of a new practice.

David Winkle, Hospital Authority general counsel, said physicians face an economic strain on getting a new practice going because of the uncertainty of income."Anyone in the health-care field will tell you that just because you see a […]

Full Post at www.valdostadailytimes.com

NAIROBI — GiveDirectly has been experimenting with what happens when you give extremely poor people a guaranteed income for up to 12 years . Working within rural Kenya, the GiveDirectly experiment is based on a randomized control trial comparing four groups of villages. This experiment relies on two things, giving money directly to poor people, and documenting how they use their new income. Traditional conditional cash transfers are those in which the government, or charity,

Traditional conditional cash transfers are those in which the government or a charity transfers money to persons who meet certain criteria. GiveDirectly operates differently; it […]

Full Post at www.borgenmagazine.com

THIS year alone, more people would probably have heard about cryptocurrency, bitcoin, or ethereum for the very first time. I personally have had more people asking me about it just these past few months than in all the previous years combined. Even our city is set to have its very own Cryptocurrency Expo on October 7.

Of course, this is all thanks to the meteoric rise of bitcoin’s value, only $900 at the beginning of the year, to almost $5000 last August, and has since dropped to around $4000 as of this writing. That means if you bought bitcoin last […]

Full Post at www.sunstar.com.ph

Commenting on the FCA’s ‘Advising on Pensions Transfers’ consultation, which closes today, Ryan Markham, head of member options at Hymans Robertson, said: “Yesterday the Work and Pensions Select Committee launched an inquiry into freedom and choice. One question it raised is whether people are taking appropriate advice, and if not, why not? For those considering a transfer out from DB, there is a need for better quality advice and more certainty around who is ultimately taking responsibility for it. “This consultation from the FCA, while a welcome step forward, is long overdue. Clarifying the expectations placed on advisers […]

Full Post at www.actuarialpost.co.uk