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Trust management of assets - a guide to work
... the parties, the amount of remuneration, and the period during which the agreement is valid.
Remuneration. Payment for the managing company's services can be made in various ways. Prepaying the intermediary is not advisable. It is better to pay for services based on the results achieved. The ideal option is a percentage of the profit earned. This way, the manager will be financially motivated to ensure that the client earns income.
Although the managing company performs all actions with the assets independently after the contract is signed, the owner should not let the process run its course. They must monitor the intermediary's work and make adjustments as ...
Ban on Account Transfers: How the New Law Will Change the Gaming Market
... effectively banned:
Sale of gaming accounts and profiles (for example, accounts with all purchased games or a high level in an online game);
Transfer of a character or account to another player for leveling up or completing game tasks;
Rating boosting – a service where professional players access the client's account to enhance their ranking in rated matches.
All these schemes were popular among gamers, especially in online games. For many players, this "gray" market was a way to save time – instead of spending long hours leveling up themselves,...
Where does MTS invest?
... protection.
Entertainment services:
Content and media platforms: Investments in the creation of original video content.
Music streaming: Expanding opportunities for users.
Financial products:
Development of MTS Bank: Strengthening positions in the financial services market.
Credit and bonus programs: Innovative solutions for clients.
Ecosystem projects:
Development of a single platform: Integration of services for user convenience.
Sustainable development: Technologies for reducing carbon footprint.
Impact on Russia:
MTS investments contribute to the development of Russia's ...
Why Russian Banks Sharply Cut Credit Card Issuance in 2024 and What It Means for Consumers
... holds in the coming months.
Why Are Banks Reducing Credit Card Issuance?
High Interest Rates
The Central Bank of Russia maintains a high key interest rate to curb inflation. High rates directly impact the cost of borrowing, increasing consumers' debt servicing expenses. Consequently, banks become more cautious, as high rates can negatively affect clients' payment capacities and heighten the risks of loan defaults.
Macroprudential Restrictions from the Central Bank
Since the end of 2023, the Central Bank of Russia has introduced additional macroprudential limits on the issuance of unsecured loans ...
How to Choose a Reliable Financial Advisor and What to Consider When Making Your Choice?
... Recommendations.
If you know acquaintances who have worked with financial advisors, seek their opinions. Recommendations from friends or colleagues can be a reliable source of information.
Check for Conflicts of Interest.
Ensure the advisor acts in the client's best interest and does not receive undisclosed commissions from third parties for selling specific financial products.
3. Transparency of Working Conditions and Fees
Financial advisors can be compensated in various ways: fixed fees for services, commissions based on assets under management, or a percentage of the income you receive. To avoid unexpected expenses, it is crucial to discuss all financial conditions in advance:
Clear Compensation Terms.
Find out how the advisor is compensated ...