Sir Philip Green won’t be giving up his yacht any time soon, the work and pensions committee hears November 23, 2016 Assets owned by Sir Philip Green will not be seized by authorities for some time, as the process to force the former BHS owner to plug the retailer's terminal pension deficit is "very much at the earlier stage". The chief exec of The Pensions Regulator (TPR) Lesley Titcomb answered questions on the failure of BHS in front of the [...]
Eh? Rolls-Royce and Game are among the 25 best UK companies to work for. Supposedly. November 23, 2016 An engineering giant which has issued a string of profit warnings, two retailers which recently came out of administration and a bank which was the centre of a major scandal this year are among UK employees' 25 favourite companies to work for, according to new research. Rolls-Royce came top of jobsite Indeed's Top Employers in Britain list. The [...]
Put people at the heart of your business’ digital transformation November 23, 2016 Companies are waking up to the need to make their organisations more digital. Knowing that you need to do something “digital” is easy. Understanding what it is that you need to do is a lot harder. Transform from the top Leaders can lack the confidence needed to lead in a digital environment because (rightly or [...]
Lifetime Isa: The making of a monster November 22, 2016 While the original intentions behind the design of the Lifetime Isa in 2014 were understandable, as its launch date nears, it is set to confuse the savings landscape and go against what it was initially crafted for. In his proposal, Michael Johnson said he created the Lisa because “under-35s are so disengaged from private pensions”. He [...]
Radically simplify savings and investment so Brits can wave goodbye to exorbitant costs November 22, 2016 Chancellor Philip Hammond recently said: “now isn’t the time for lots of small changes. This is a time for consistency, preparation and steadfastness.” The government needs to follow through with this commitment and heed its own advice by immediately halting the slide towards complexity in investment and savings. The current over-complication, exacerbated by too much [...]
The gig economy won’t be killed off so easily November 22, 2016 The gig economy in the US has reached its peak – at least that's according to JP Morgan's latest research. Some are suggesting recent legal action could sound the death knell of the UK gig economy – but in my view, these concerns are misplaced and underestimate the demand for innovative, tech-enabled services. Moves by [...]
Autumn Statement 2016: Philip Hammond shouldn’t base changes to pensions tax relief on older people’s situation today November 22, 2016 According to some reports, tomorrow’s Autumn Statement could be both the first and last for the new chancellor, because Philip Hammond is said to be in favour of sticking to a single annual Budget. We’ve become used to the biannual format, with a fresh set of policies emerging from the chancellor’s red box twice each year. [...]
Goldman Sachs and Santander have left a major blockchain group November 22, 2016 Goldman Sachs and Santander have both exited one of tech's top blockchain consortiums which is backed by some of the world's biggest financial institutions. Both institutions have quit membership of the R3 group and will not be investing in its latest reported funding round. Santander did not comment on its decision to depart R3, however, it's understood it will [...]
How to master the extreme politics of working in a global team November 22, 2016 Politics are not just for Westminster. Politics are the lifeblood of every office and every firm, for better or for worse. The worse form of politics is obvious: pointing the finger, claiming the credit, undermining colleagues. But there is another version of politics which is about making things happen through other people, who you may not [...]
“I wish we could find something”: Aberdeen Asset Management pulled out of bidding for Unicredit’s €3.5bn Pioneer fund unit November 21, 2016 Aberdeen Asset Management dropped a bid for Italian bank UniCredit’s Pioneer fund unit because the UK-listed firm could not afford the €3.5bn (£3bn) asking price. The fund manager made it through to the second round of bidding before withdrawing, chief executive Martin Gilbert revealed. Read more: Trading in Unicredit shares suspended as investors digest bank stress [...]
