Not switching jobs has cost younger workers on their pay packet April 18, 2016 Staying put in the same job for too long has cost younger workers on their potential pay packet, a report out today has found. The study by the Resolution Foundation discovered that, had younger workers continued to switch jobs at the pace witnessed in the early 2000s, they would now be earning 30p more per hour [...]
Industry experts join forces in fight against confusing pensions jargon April 18, 2016 A group of pension experts has decided enough is enough for jargon and have today clubbed together to clean up the language of the industry. The Association of British Insurers (ABI) is heading up a Pensions Language Steering Group formed of bodies from government, industry, regulators and consumer groups. Names on the list include the Financial Conduct [...]
17 psychological tricks to make people like you immediately April 15, 2016 Most friendships develop so naturally that you don't even realise how or when they started. Sometimes, though, you want to make an effort to befriend a new acquaintance or become a better friend to existing pals. To help you out on that front, we scoured the psychological research to find science-backed strategies to get people [...]
From savings to investments – here are nine signs you’ll never be rich April 15, 2016 Contrary to popular belief, "everyone has the same opportunity to acquire wealth," says self-made millionaire Steve Siebold. Is wealth in the cards for you? To help you evaluate, we've rounded up nine red flags you might want to watch out for. While no one can predict the future, the following choices most likely won't accelerate [...]
These are the five things that make people happy in the UK April 15, 2016 Is that six-figure salary not giving you the fulfilment you thought it would? Well don't worry; there are lots of other ways to find happiness. The ONS released today the five things that make people in the UK happy, and (brace yourselves) money is not one of them. 1. Wedding bells The happiest people in [...]
How to make big bucks in finance: These are the trading specialisms with the biggest bonuses and highest salaries April 15, 2016 We've surveyed banking salaries. We've surveyed lawyers' salaries. This week, we're focusing on those making the megabucks: traders. Salary benchmarking site Emolument.com has listed the trading roles with the biggest bonuses. And it turns out the more complex your role, the more you stand to bring in: those in commodities might think they stand to do [...]
Corporate co-working: How big firms can benefit April 15, 2016 You may already be familiar with the basic concept of co-working – shared office clubs, which provide businesses with the flexibility to grow at their own pace and a community to readily tap for business leads, assistance and ideas. Once the preserve of freelancers and startups in deepest Shoreditch, today co-working clubs can be found [...]
UK pensions puzzle: Pension freedoms spark both young and old to ask more questions April 14, 2016 Annuity providers may have been worried their work would drop off once the pension freedoms were introduced, but there's one organisation in the pensions sector that has seen work flood in. The Pensions Advisory Service has received a 71 per cent increase in people seeking guidance on their pensions since the pensions freedoms rules came in [...]
BlackRock’s profit has slumped by 20 per cent after struggling to deal with high levels of volatility in global markets April 14, 2016 US based BlackRock, the world's largest asset manager, failed to weather the global financial storm at the start of this year. The wild market swings, which saw the total value of the Chinese markets reduced by 50 per cent and the price of a barrel of crude oil sink to lows of $27 per barrel, knocked [...]
Traditional grad roles are losing their allure for university leavers April 14, 2016 Traditional graduate roles in safe positions such as law, accountancy and banking are losing their allure for this generation of university leavers. Over fifty per cent of recent graduates surveyed said they want to join start-up companies, according to graduate recruitment technology company TalentPool. Other popular industries such as technology and media (49 per cent) [...]
