Category: Finance
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alt The Black Economic Empowerment rating system had done a world of good for the South African society, proving that the economic incentive is often great enough to push against discrimination of different groups that had been previously discriminated against. Naturally, saying that South Africa is still not dealing with great problems caused by discrimination, but that segregation and great differences between different racial groups are being subdued. After all, changes for the better cannot come overnight, and it is only fitting that the BEE program has limited results.

Nonetheless, the progress made with the help of the program is remarkable. More and more businesses are going through the BEE registration process at in order to enjoy the benefits of the program. The most notable one is of course, being able to do business with the state. Ratings are very important in the program since they tell the state which businesses have made significant efforts in empowering blacks from an economic point of view. The BEE rating also depends on the company’s turnover.
If the company has a turnover smaller than R5 million per year, then the company can get a BEE Exemption Certificate. Such a certificate allows you not to worry about the company’s BEE rating and compliance. This happens because it is difficult for a small company to incorporate BEE rules.

On the other hand, if a company has a turnover bigger than R5 million per year, then the company has to get a BEE scorecard and measure its BEE performance according to BEE point and compliance. The rules are different because a bigger company with a significant turnover is able to incorporate more employees and to follow more of the BEE rules. These companies have to renew their BEE certification every year, getting a new rating every year. Naturally, most companies try to get a bigger rating, but that is not always the case. Some companies get the same rating whilst others may drop to another level. If the scorecard for the year is not satisfactory enough to lead to a higher rating, then the company did not try hard enough to incorporate black personnel.

The BEE rules are strict, the rating system is complicated and filled with loops. There is a lot of bureaucracy involved in the entire process, but all the effort is really worth it in the end. More so, there are specialized companies which can help businesses get their certificate and improve their ratings, making the entire task far easier.
Category: Finance
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alt The long hard life of working and building a UK Pension @ is regulated by strict guidelines and many investors are considering many of the overseas investment opportunities available. The reason for overseas investment schemes for retirement and pension funds delegates the need of the strict penalties of the pension plans in the UK and the guarded formalities. Many do not realize until several years of working at building a plan for retirement and for their families in case of death or loss of job that their pensions can lose funds or simply disappear. The guidelines are strict and many of the pensions set are lost to formalities.

The interest is now that UK Pensions can be transferred to overseas accounts to secure the pensions and provide stability and growth that is not being seen in the UK at the time. The regulating parties of the investments schemes in the UK are also losing structure and many do not have funds to provide or honor the terms of the pension over extended periods or able to even offer full payouts to families after death of the investor or to honor full returns. This concern has prompted many to review and look for possible pension transfer schemes. The added worry of transferring investments that will be highly taxed or penalized though may stop some from safely securing their pension plans in international accounts.

There Are Safe Alternatives to a UK Pension

The many regulations and concerned views of penalties and taxation are real, but alternatives do exist. The QROPS and SIPPS plans offer a relief to some UK Pension investors to move their pension schemes to international accounts. The programs are governed by the HMRC and are legitimate transfer schemes set by the government to safely transfer pension funds without penalty and taxation. Under regulations of UK investments schemes, those who work outside the UK or move to other countries can lose their pensions or their beneficiaries will not receive payment in the event of death of the investor.

The QROPS plan is set for those who have moved out of the UK and want to transfer the UK Pension schemes to an international scheme portfolio. Regulations are deemed for this plan and affords a variety of plans that the investors can use to move and even improve their investment potentials. QROP plans are designated for those who have left their UK residence status, moved abroad and set new residence. The plan dictates that overseas pension scheme transfers are legal to transfer within the parameters set by the HMRC and approve that there will be no penalties or taxation. The investor also has the choice to choose any participating international funding company that follows the HMRC guidelines and the investor does not have to be a resident of the said investing states.

SIPPS is more of a short term plan based on the same factors of moving UK Pension funds without penalties and taxation to overseas investment companies. The regulations for the SIPSS plans are varied in comparison to the QROPS plans and the investors will use SIPPS when they have been moved from the UK due mostly to employment and will not be missed from the UK for more than five years. All of these plans offer the relief many investors who have saved most of their life time for their retirement future and the future finances of their families deserve.
Category: Legal
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alt Getting into a divorce can be extremely messy, especially when you have to split up goods, properties, and even the custody of your children. However, a good divorce attorney can help you pass easier through these rough moments by making the judge’s decision in your favor. Not an easy thing to achieve, but by appealing to the best Denver divorce attorney, nothing is impossible. Read below a list of the most useful tips on how to find the perfect divorce lawyer to represent you:

Do you really need an attorney?
Most divorcing couples rush into hiring at least one Denver divorce attorney without realizing whether they actually need one or not. Surprisingly, most divorce cases can be easily settled without the need of an attorney, but by mutuality. If you already agreed with your spouse about the terms of your divorce (including welfare splits and custody of children if necessary), things are rather simple. All you will have to do is sign some papers and in a matter of five minutes or less you will put behind your entire happily married period of time, saving some big sums of money as well.

Establish a budget and stick to it
If you already decided you need to hire a divorce attorney, at least establish how much money you are willing to spend at the most for his/her services. Look up on the Internet as most successful lawyers or law firms explain in detail how and how much they charge per consultation. Ask for any hidden fees as well to avoid latter surprises, including charging phone calls (some attorneys also charge as a consultation a simple discussion over the phone with their clients). This way, you will stick to the planned budget, and will know exactly what to expect at the end of your divorce.

Research before making a decision
Just like in any other matter, finding the right divorce attorney may not be as simple. Although there are numerous lawyers specialized in the field, not all of them are suitable for your particular case. Thus, you need to do a little background research before actually hiring one. Narrow your research list to three main candidates and then look them up over the Internet for some additional bio. Find out how many similar cases have they solved in the past, how clients rank their services and how much they charge for their job.
Category: Legal
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alt Divorcing isn't just taking a step and seeing it happen overnight. In fact, divorcing, as a process, can be extremely expensive, heart wrenching and time consuming. The main factor which directly affects the duration of the divorce process is the ability of yourself and your spouse to find a solution which will solve some of the most prominent issues in your case. While the Albuquerque divorce lawyer can guarantee your rights to be protected at all times as long as you choose them as the official representative, there are still a few things you should know about the divorce and how some things work before you get started.

How does divorcing work?
There are several different types of divorce methods which apply accordingly to the current state of the spouses. Not every case is the same, so the types of the procedures have been adjusted to the situation of some of the most general issues couples may face while going through divorce. For example, there is the summary, often referred to as 'simplified' divorce. This procedure is at the disposal of couples who were recently married (within a five year time frame). Clearly, couples of this sort will not have a lot of assets, and it is crucial that they don't have children, if this method is to be used. For this to work, both parties need to agree to divorce. Typically, this is the fastest way to get divorced, because it involves only a few forms, as opposed to loads of paperwork you would often be forced to undertake.

When is the right time to hire a lawyer of this sort?
The Albuquerque divorce lawyer takes care of the more difficult divorce cases which can't usually be solved without the presence of a lawyer. Typically, they will be present within the mediated divorce cases, where they will act as the third party, or the mediator, which should aid in communication between the two sides until they can reach an agreement and dismiss the court. Another method where these lawyers might be crucial is the collaborative divorce method. This is how it works: Both you and your partner choose a lawyer. Before starting this process, you and your partner agree to allow access to any information which might be useful to the trial. Then, you and your partner, as well as your lawyers meet for a conversation, during which you try to find a solution for both of the sides. Note that the two lawyers you and your partner chose co-operate in order to find the solution. If you are unhappy with the result, you can dismiss the lawyers and start the process again, choosing different representatives.
Category: Legal
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alt If you have ever wondered what a personal injury attorney is and does, find out that these are professionals who will help protect the welfare of an injured person in case of an accident or malpractice of any type. Just like any other lawyer, a personal injury one will try to protect your rights and interest; but unlike most lawyers, all personal injury lawyers will fight in order to get you the fair monetary compensation that you deserve.
Depending on the type of injury you have suffered and to the circumstances attached to it, a lawyer will act accordingly. Without a good personal injury attorney, chances are that you will not be able to get the compensation that you deserve.

Recovering from an accident

The main reason why people who have gone through an accident are weary of pressing charges or of stating a legal claim is related to the fact that they would much more rather have the time to heal than go through a legal feud. And surely, getting better and recovering from a physical and emotional trauma is incredibly important and that should be one’s first priority, but that does not mean that you should not protect your rights as well.

How, you may ask? By employing a good lawyer who will take this good burden off your shoulders and make use of all the legal tools necessary in order to get you the compensation that you deserve. In this way you will be able to take care of the most important part, that of getting well and getting back on your feet.

Who to pick?
First of all, pick someone with whom you feel comfortable and who is compassionate about your situation. There are lots of lawyers who will actually make the person they are representing work as well, so make sure that your lawyer has everything figured out and does not need your assistance. After all, you have paid this person and you should get what you have pain for.

Another big aspect related to picking personal injury attorneys in Rome GA is to pick someone who will only want to be paid after they have solved the case. This means that out of the money you will get as a compensation, a percentage of it will go to the lawyer who represented you. In this way you can be sure that the lawyer is trying his or her best to win the case, not only in order to help you, but to get his or her fee for the efforts as well.
Category: Finance
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altGenerally, ‘leverage’ refers to borrowed funds. However, the term is also applicable to the financial dealings including foreign exchange. For the retail investors involved in forex trading, leverage is much like a double-edged sword because it amplifies both profit and loss. In such a market, a high degree of leverage is usually the standard. Let’s understand the impact of leverage on a forex dealing with the help of an example.

Assumed Scenario for Forex Trading

You are an US-based investor having an account with a forex broker online, who allows a maximum permissible leverage of 25:1 on major currency pairs. This indicates that for every dollar, you can trade $25 of a major currency. If you consider putting $6000 in your trading account as a margin that is also known as collateral or equity, it indicates a maximum of $150,000 ($6,000 x 25) you can put in currency trading positions to begin with. However, this amount is subject to change as per the profits or losses that the trading generates.
Starting a Trade

You have now started trading Long USD / Short Euro with EUR 100,000 at the exchange rate of EUR 1 = USD 1.3500. You do so because of your bearish inclination on the European currency due to which you predict a decline for it in the near future.

• Leverage: Is just over 22:1 (USD 135,000 / USD 6,000 = 22.5, to be exact).
• Pip Value: As the Euro is cited to four places after the decimal, each “pip” point move in this euro is equivalent to 1/100th of 1% of the base currency amount that is traded. Because the quote or counter currency is USD, the value of each pip is estimated in USD. Therefore, each pip is USD 10 as per traded amount, EUR 100,000.
• Stop-Loss: Is set tightly, 50 pips on the position of long USD / short EUR. Now, if the stop-loss occurs, the maximum loss is USD 500.
• Profit / Loss: Let’s assume that you are lucky enough to see a fall in the Euro level in some days of your trade due to which the rate is now EUR 1 = USD 1.3200. You close the position to obtain a profit of 300 pips (1.3500 – 1.3200), which offers you USD 3,000 (300 pips x USD 10 per pip). In short, you sold short EUR 100,000 and gained USD 135,000 in the opening trade. While closing, you regained the Euros shorted at a cheaper rate of 1.3200, paying USD 132,000 for EUR 100,000, which marks the difference of USD 3,000 as the overall profit.

Now, let’s see the effect of leverage. With the help of leverage, you could obtain a 50% return on your actual investment of USD 6,000. In case there would have been no leverage you would have shorted the Euro equivalent of USD 6,000 or EUR 4,444.44 (USD 6,000 / 1.3500). The smaller amount of this deal makes each pip equal to USD 0.4444. At the time of closing the short position at 1.3200, profit would only have been USD 133.32 (300 pips x USD 0.4444 per pip).

Therefore, leverage amplified the returns by exactly 22.5 times (USD 3,000 / USD 133.32)!
Category: Legal
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Family law attorney Tampa is someone who concentrates mostly in handling legal issues surrounding your family. Child custody and divorce are primarily the most obvious reasons why you will need their services. Nonetheless, they also handle an array of other issues, such as prenuptial agreement, paternity, and adoption among others. Family lawyers may also handle issues regarding estate planning by making trusts and wills. Additionally, you will be needing their services when legal problems arise within your family like what mentioned above. Thus, you must know when and where to look for the best and professional family lawyer in case you will need one.
Category: General
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California public records (especially criminal records) represent a huge source of information for a lot of professionals, such as paralegals or lawyers. Practically, the criminal background can bring in a lot of clues that they may not be able to find otherwise. Such records may help the investigators determine a pattern or understand someone's character and habits. They work a very long way in the accusation or defense of a suspect, but they are also very handy for professionals who are supposed to determine the character. When authorities fail to find the suspect, analyzing their past can help them anticipate the next move.
Category: Legal
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A great deal of knowledge and schooling is needed if you want to be a Denver injury attorney. Of course, you have to take several steps in order to become a lawyer that deals with personal injury cases. It will also need many years of dedication and persistence before you can take bar exam to be a qualified injury attorney. Nonetheless, if you work hard in your study and do well in each subject, you can be sure that you can reach your goal.

On the other hand, if you want to make it easier you can take a four-year course with a major in sciences, business or liberal arts. You also need to ensure that you will take classes that are connected to law and business to help yourself in entering a law school. Then, you have to take the necessary exams or aptitude test so that you can enroll in this school. Though you may go a long way, if you persist and pursue your dreams, you will surely one of the best injury lawyers in town.
Category: Legal
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Dealing with the Maine OUI laws can be an actual challenge. No one wants to face such situations, especially since they can become very problematic in the long run. At the same time, unless you end up charged on a daily basis, you probably have no clue what to do first or how to prove your innocence. This is when you realize the importance of a good attorney, but how do you pick them?

Aside from a decent reputation, keep in mind that the local bar association is often a good indicator for the lawyers in the area. The best lawyers have the best positions, so you have to focus on the top part.

Other than that, make sure that there is plenty of room for a decent communication. Some lawyers assume that they know what they have to do before even listening to you. Therefore, they will not even bother to waste their time, so this is an aspect to avoid.