Pensions Regulator steps up probe into Sir Philip Green November 2, 2016 The Pensions Regulator (TPR) has tonight intensified its investigation into Sir Philip Green as it seeks to end the crisis engulfing the retirement scheme of collapsed retailer BHS. Lesley Titcomb, the head of the pensions watchdog, announced late on Wednesday that TPR is to escalate its enforcement action as it seeks redress for 20,000 BHS pension scheme [...]
Making millennials happy is good for business November 2, 2016 I know what you’re thinking: another column about millennials. This one, I hope, strikes more of a chord because it’s about their impact on your business and how to respond. This generation is shaking up the workforce in a way not seen for decades. Our research suggests that three quarters of managers see the challenge [...]
Facebook data and privacy rules sink Admiral’s insurtech plans November 2, 2016 Facebook has sunk plans by Admiral to offer a reduced car insurance premium based on users posts on the social network. It turns out the insurance firm has fallen foul of Facebook's terms of use, which stipulate that data from Facebook can't be used for assessing eligibility. That's exactly what Admiral wanted to do, using posts [...]
Your Facebook profile can’t make your car insurance cheaper, It turns out November 2, 2016 Update: Facebook has blocked plans by Admiral to reduce premiums based on profile data – find out more. Beware what you share – your Facebook status could be giving away more than you think. Insurance firm Admiral is plundering the social network for information that could indicate how safe you are as a driver, resulting in a [...]
The top 10 careers where parents have no clue what you do November 2, 2016 The world of work is changing and many of our careers look very different to the ones that our parents pursued. That evolution of jobs is creating a chasm of misunderstanding, it turns out, with mums and dads left completely clueless as to what their kids' jobs really involve. The majority of parents don't know what [...]
Workers with mental health issues contribute £226bn to UK GDP November 2, 2016 There's still a way to go in destigmatising mental health issues, so a new report has quantified the economic contribution those who do have mental health issues make to the UK, while pointing out it could be even higher. UK workers with mental health issues contributed £226bn to UK GDP in 2015. That contribution made up 12 per cent of [...]
Feeling slow? Sharpen up your brain with a cognitive fitness regime November 2, 2016 The benefits of physical fitness have been known for some time, yet cognitive fitness has been a stone left unturned – until now. Clinical research shows that our brains are not the static organs once thought, and modern day advances in neuroscience have enabled us to assess and analyse the underlying cognitive behaviours that make us, [...]
Rich grandparents are your ticket to a comfortable retirement: why liberalising inheritance tax rules could significantly reduce the UK’s pension saving shortfall November 2, 2016 It is no great secret that today’s young people are at serious risk of being poor in their retirement. While asset-rich baby boomers hoard their wealth, eight years after the financial crisis, working age people are stuck with low wage inflation, and depressed returns on any savings they can scrape together after paying their rent [...]
Investors pull more money from UK equities in September November 1, 2016 Investors continued to draw money out of the UK in September, new figures out today show. Net retail fund sales tracked by the Investment Association during the month totalled £664m overall, down from £1.7bn in August, with total funds under management coming in at £1 trillion. Investors continued to pull money from UK equities, with [...]
Should investors brace themselves for a big stock market fall if Donald Trump wins the US election? November 1, 2016 Adrian Ash, head of research at BullionVault, says Yes. If a friend is now waking up after missing 2016 in a coma, bring them up to speed gently: start with Leicester winning the Premier League at 5000-to-one. The UK’s vote to leave the EU was discounted even by its leading proponents right until the morning of [...]
