“I’m seeing the volume of clients being orphaned is off the charts and the other thing is up until now, we’re not seeing advisers proactively orphan clients where it’s kind of happening as the situation arises.
“We haven’t seen trail and commission clients where there’s no longer anything being paid – we haven’t seen advisers proactively start orphaning those clients – that will be a massive thing that will happen over the next few years.”
Ardino said this would be a greater issue for consumers who were unable to generate enough revenue to justify giving them advice.
Get a hassle-free unsecured Working Capital Loan up to Rs 45 lakh from Bajaj Finserv ANI | Updated: May 04, 2021 13:55 IST
Pune (Maharashtra) [India], May 4 (ANI/NewsVoir): Working capital is the difference between one s current assets and current liabilities, and it is the fuel that keeps a business running. If one s working capital levels go low, then one s business operations could grind to a standstill.
There are many reasons for working capital shortfalls, such as unpaid invoices, cyclical sales, periods of poor revenue, and other macro factors that put a clamp on the supply chain. However, irrespective of the cause, one way to tide over such a liquidity crunch is to raise funds through the Bajaj Finserv Working Capital Loan facility. Individuals can get funding of up to Rs 45 lakh on easy eligibility terms and through a hassle-free approval process.
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Pune (Maharashtra) [India], May 1 (ANI/NewsVoir): As digital payments continue to rise amidst COVID-19 restrictions, incidents of identity theft, hacking, phishing attack, and data breach have also increased multifold.
As per Norton Cyber Safety Insights Report, over 27 million Indians fell victim to incidents of identity theft in the past 12 months.
While the digital payments infrastructure continues to improve in India, the risk of payment frauds cannot be undermined. To stay covered against financial losses as a result of credit/debit card frauds, one may opt for Fraudulent Charges Cover offered by Bajaj Finance Ltd., the lending and investment arm of Bajaj Finserv.
Stay covered against rising incidents of Debit/Credit Card Frauds with Fraudulent Charges Cover ANI | Updated: Apr 28, 2021 13:48 IST
Pune (Maharashtra) [India], April 28 (ANI/NewsVoir): As digital payments continue to rise amidst COVID-19 restrictions, incidents of identity theft, hacking, phishing attack, and data breach have also increased multifold.
As per Norton Cyber Safety Insights Report, over 27 million Indians fell victim to incidents of identity theft in the past 12 months.
While the digital payments infrastructure continues to improve in India, the risk of payment frauds cannot be undermined. To stay covered against financial losses as a result of credit/debit card frauds, one may opt for Fraudulent Charges Cover offered by Bajaj Finance Ltd., the lending and investment arm of Bajaj Finserv.