Retirement plans in European countries are slowly changing in recent years. Countries are moving away from Defined Benefit (DB) plans to Defined Contribution(DC) plans. In DB plans an employer basically defines a benefit that the employee will receive at a certain date in the future usually after retirement. This is usually a set amount based …
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The U.S. dollar will stay the reserve currency in 2014 and beyond according to a research report by Barclays. This is because there is no serious competitor despite the U.S running persistent current account deficits. poor fiscal position, loss of AAA credit rating and the ongoing QE program run by the Federal Reserve. In addition …
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I came across the following chart showing the behavior of the typical mutual fund investor: Click to enlarge Source: Behavioural Finance and Mutual Fund Flows An International Study, Deutsche Asset & Wealth Management Obviously the essence of the chart is applicable to stock and ETF investors as well. Related: Why We Buy in a Marked-Up Market, …
The withholding tax rates for interest, dividends, royalties and pensions/annuities earned held by foreigners from Canadian companies are listed in the attached document below. These applicable amounts based on the tax rates are withheld by the Canadian government. These rates are defined in the tax treaties in effect between Canada and the specific country. So …
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Debt levels remain high across the world especially in the developed countries.However debt levels vary by type and country as shown in the following chart: Click to enlarge Source:Vanguard’s economic and investment outlook, Jan 2014, Vanguard Debt held by the Federal government, households, non-financial and financial firms in the U.S. and Germany is moderate(between 50% …