Poor disclosure puts UN sustainability goals at risk, says Pimco December 12, 2018 UN goals to address global poverty, hunger and sustainability by 2030 could be at risk due to poor target setting and disclosure, according to the world’s biggest bond investor. US-based Pimco’s analysis examined the corporate disclosures of 246 firms to study to what extent the reports referenced the UN’s Sustainable Development Goals and in how [...]
Time for a brave new online pension world December 12, 2018 Imagine a free, user-friendly, online service that offers you information about all of your pension savings at your fingertips, available in your own home and on your mobile. That’s why the government has championed the pensions dashboard, harnessing digital to make planning for retirement easier in the digital age. As we all know, most parts [...]
Why investors should be wary of star managers December 12, 2018 For a long time, it seemed like Neil Woodford could do no wrong. That was until 2017, when the UK’s best known fund manager seemed to lose his magic touch – and since then, the returns from his three popular funds have been struggling. His flagship Woodford Equity Income fund has lost investors almost 10 [...]
Designing a ‘people’s vote’ is a political minefield all on its own December 12, 2018 It’s like a giant jigsaw puzzle where, however hard you try, the pieces will never fit together. That’s the state of play with Brexit. Whichever way you present the options, nothing seems to command a parliamentary majority. Amid the chaos, talk has increased of a so-called “people’s vote” as the only way to break the [...]
It’s Christmas party season, so heed these words of wisdom to avoid embarrassment December 12, 2018 While a Christmas get-together is a great way to thank and reward employees for their work over the year, it can also be a time of trepidation if you don’t know how to approach these festivities. So, to make sure that everyone can relax, we’ve put together five essential rules for the work Christmas party. [...]
CMA orders shake-up of pension advice market due to lack of competition December 12, 2018 Pension scheme members are at risk of getting a bad deal due to a lack of competition in the pension advice market, according to the Competition and Markets Authority (CMA). The CMA said today that pension trustees, who oversee companies’ pension schemes, are not given sufficient information to help them choose advisers. The report found [...]
City Moves for 12 December – who’s switching jobs at Techmet, Lilium and On the dot? December 12, 2018 Who’s swapping jobs today? Techmet Techmet, a UK-based private industrial company that is building controlling or significant minority positions in world-class projects across the technology metal supply chain, today announces the appointment of Admiral Michael Mullen as chairman of its advisory board. Admiral Mullen was the Chairman of the Joint Chiefs of Staff of the [...]
Beat your demons: Barclays lets account holders block their worst spending habits December 11, 2018 Barclays has become the first high street bank to allow customers to “turn off” certain types of spending in a bid to give those with addiction better control over their money. Customers can now block payments to retailers including gambling websites, betting shops and pubs using a button in the bank's mobile app. Barclays developed [...]
UK fintech startup Weswap pulls the plug on 2018 London IPO plans December 11, 2018 Peer-to-peer currency exchange platform Weswap has scrapped plans to list on London’s Alternative Investment Market (Aim) this month, after investor interest fell flat. Sources told City A.M. that the initial public offering, which had been mooted for a December launch, had failed to garner sufficient attention in what was promised to be a relatively small [...]
The future of corporate training lies in virtual reality December 11, 2018 Virtual training is being hailed as the “new Powerpoint” for corporates when it comes to training up staff. And as virtual reality (VR) continues to rise in popularity across the social community, it is no surprise that organisations are looking to embrace this immersive technology as a replacement for existing, more traditional methods. No more [...]
