Identity and security: The price we must pay to keep our information safe – and the companies helping us do it May 17, 2016 In ancient Roman mythology, Janus, the god of boundaries, is usually depicted as having two faces. Skip a few thousand years to today’s modern world, and many of us still wear more than one mask: there’s the one we present at work, one we wear in front of family, and others we wear in front [...]
Report slams “shocking” level of pension scheme investment in hedge funds May 17, 2016 A new report has condemned the "shocking" level of UK pension scheme investment in hedge funds. SCM Direct condemned the “shockingly poor transparency” around costs and holdings, saying that many members would be unaware of the extent of their hedge fund investments. Read more: Hedge fund boss Paul Marshall to make Brexit donation The research estimated [...]
The Prince’s Trust’s 40th anniversary: How business is helping deprived young people flourish May 17, 2016 Today Buckingham Palace hosts a garden party to mark the fortieth anniversary of The Prince’s Trust, the Prince of Wales’ oldest and largest charity. It will be attended by some of the thousands of young people whose lives have been turned around by this amazing organisation, along with volunteers, supporters and staff. As chairman of [...]
Lessons from New York: Bigger is no longer better in the new world of ambitious scaleups May 17, 2016 Every business is a hypothesis based on a bet. And if you want to bet big, grow small. That’s the lesson I learned on a recent visit to New York to meet the scaleup businesses aiming to become tomorrow’s titans. Of course, think New York and you think big. The Big Apple, big business and [...]
Forget millennials: This is the crucial reason why you should be focusing on retaining your silver capital – and how to do it May 17, 2016 The workforce in Britain is ageing fast. More than 30 per cent of employees are over 50 years old, and nearly a quarter is over 60. This figure is set to rise to 30.7 per cent by 2020. This demographic shift creates significant challenges. In the next two decades, a large proportion of employees aged over [...]
Five things you should know about Brexit and your finances May 17, 2016 Six weeks to go before the Europe referendum on 23 June and both sides are campaigning hard. Boris Johnson says the only safe option is to leave, while Bank of England governor Mark Carney cautions that it’s a dangerous choice, as everything from employment to food prices will be affected. We take a look at the [...]
How young investors are less patient with funds than their elders May 16, 2016 Younger investors appear to be less patient than their elders, according the findings of a global survey of more than 5,000. Legg Mason’s 2016 Global Investment Study found that 38 per cent of UK investors will give an underperforming fund more than 12 months to turn things around. Of those aged over 40 in the [...]
How traditional banks can keep ahead of their fintech noisy neighbours in innovation race May 16, 2016 There have been plenty of reports about fintechs being bad news for banks, but in actual fact they may be the best thing to happen to traditional banks and the banking sector for a long time. No, really. Many have warned that the introduction of digitally savvy options into the retail banking sector will prove [...]
Lystable’s Peter Johnston talks brutal camps, moving to San Francisco and building the IDs of the future May 16, 2016 Imagine what it would feel like to make your housemate a millionaire within in a year. Your startup’s software enables companies to onboard, resource and pay their contract workers. It’s specific, but sticking to this underserved niche has allowed you to grow very fast. You have 4,500 contractors on your system and you recently had a [...]
I’m in a relationship with a colleague at work: Should I keep it secret? May 16, 2016 Q: A work colleague and I have recently started dating. Neither of us is the other’s direct manager, but we do work in the same department. We’ve kept our relationship hidden till now, but as it becomes more serious, do we need to maintain secrecy? What other issues should we be aware of? Our work colleagues are likely to be the people with whom we spend [...]