Multiple ‘dashboards’ to give savers access to pensions data, first planned for next year December 3, 2018 The government has confirmed it will introduce multiple so-called pension dashboards, with the first hoped to come into effect next year, giving savers the ability to access access their pension information for several schemes at once on their smartphone. Publishing a consultation on the measure this morning, however, the government could not confirm state pensions would be included. But pensions [...]
The “79 per cent chance” the Santa Rally is real December 3, 2018 | City Talk Stock markets have risen in 79 per cent of Decembers over the last three decades adding some substance to the myth of the “Santa Rally”, Schroders research has found. The “Santa Rally” is a supposed effect of the Christmas feel-good factor, helping stock markets rise at the end of the year, although many seasoned investors remain [...]
Data literacy is a win-win for businesses and employees December 3, 2018 As the Fourth Industrial Revolution accelerates, in which data and automation are pervasive elements, debates around the impact these technologies will have on our working lives are widespread across the media, academic circles and the government. However, nowhere have these changes sparked more action than in the business world. With uncertainty around Brexit and the [...]
How to build a creative culture at your business December 3, 2018 Why is it that certain places produce explosions of creativity at moments in time? Nearly 20 years ago, London’s East End was the birthplace for grime music, with Wiley and Dizzee Rascal setting the pace for a cultural movement now led by artists like Stormzy. Pop art, punk, disco and hip-hop all exploded out of [...]
Has masculine culture changed? The answer lies in our height December 3, 2018 Have you been watching Dynasties on BBC? The first episode followed the plight of David, an alpha male chimpanzee, as he tried to maintain power within his tribe. After one attempted coup, David sustained severe injuries, the likes of which might have killed a human. However, through extreme posturing and canvassing of support from other [...]
The founder of DNAFit on how understanding our genetic makeup can help us get healthy December 3, 2018 We can see physical traces of our genetics in our parents, but for the most part, our DNA is a mystery that many of us can never truly comprehend. But what if we could understand some of the unique information captured in our DNA, so that we could use it like a map, helping us [...]
Junk corporate bond outflows of $2.9bn fuelled by falling oil prices November 30, 2018 The junk corporate bond market has seen outflows surge this week fuelled by a drop in oil prices. High-yield bonds saw outflows of $2.9bn (£2.27bn) in the week to Wednesday, bringing the three-week total outflows to $8.8bn. Outflows in investment grade corporate bonds hit $2.5bn, reaching $8.8bn over the last three weeks, according to research [...]
Investment Association launches consultation on including exchange traded funds in its sectors November 30, 2018 The Investment Association could include exchange traded funds (ETFs) in its fund sectors, the industry body announced today as it launched a consultation on the topic. ETFs are investment funds where shares are traded on a stock exchange and can be bought and sold at the current market price. The sector system, which is designed [...]
Banking challenger Chetwood builds the world’s first dynamic loan as fintech startups look on November 30, 2018 Welsh banking challenger Chetwood Financial has today unveiled the world’s first so-called dynamic loan, where the interest rate falls as borrowers improve their credit score. Built in collaboration with credit rating firm Clearscore and launched under its brand Livelend, the loan uses technology to monitor a customer’s credit score and reduce its rate at three-month [...]
Alternative finance lender Oakam is trying to help the unbanked November 30, 2018 Payday loan companies get a bad rap. And it’s easy to see why, considering the predatory businesses practices and extortionate interest rates charged by lenders like Wonga, which collapsed into administration this year. High-interest, short-term loans were back in the news this week, with the announcement that the fintech startup Monzo is considering offering such [...]
