Almost a quarter of freelancers believe they are overpaying their taxes, with much of the confusion arising from not understanding what can be deducted as an expense January 26, 2016 While Google has found itself in the spotlight recently for striking a deal with HM Revenue & Customs (HMRC) to fork over £130m in unpaid corporation tax, many self-employed people are facing almost the opposite problem. According to a survey from PeoplePerHour, nearly a quarter (22 per cent) of freelancers think they have been regularly [...]
Low interest rates more of a challenge to defined benefit pension schemes across the EU than people living longer, says pensions watchdog January 26, 2016 Postponed interest rate rises will be the real cause of problems for those providing defined benefit (DB) pensions, not people living longer. According to results released today from a stress test on occupational pensions by the European Insurance and Occupational Pensions Authority (EIOPA), DB schemes showed greater sensitivity to sudden falls in interest rates and rises in inflation [...]
Low interest rates challenge defined benefit pensions across the EU, says pensions watchdog January 26, 2016 NULL
One in five home insurance claims is rejected, although almost all motor claims are paid out, finds insurance industry body ABI January 26, 2016 One in five (21 per cent) of claims on home insurance during 2013 and 2014 was turned down, according to figures out today from the Association of British Insurers (ABI). The first set of insurance payout statistics ever published by the ABI also revealed that 99 per cent of motor insurance claims were accepted, as [...]
Investors shunning small and medium sized businesses because of lack of suitably skilled board members, with many venture capital fund managers opting to drop original chief executive January 26, 2016 The UK's small and medium sized businesses are missing out on valuable funding opportunities because they cannot recruit the right skills to their boards. According to a survey of venture capital fund managers released today by executive search firm Intramezzo, 90 per cent said that a strong leadership team was one of their top criteria [...]
The amount of equity withdrawn by remortgaging properties reached £837m in December 2015, while equity release lending hit £1.61bn in 2015 January 26, 2016 Equity release activity became frenzied in the later months of last year, with both equity withdrawn by remortgaging properties and total equity release lending levels reaching dizzying heights. According to figures released today by Legal Marketing Services (LMS), a total of £837m was extracted from properties through remortgaging in December 2015, up 32 per cent compared to £635m in December [...]
SThree share price falls although recruiter reveals strong profit and revenue growth in 2015 despite a slump in its energy division January 25, 2016 SThree today reported profits before tax of £37.7m for the year to the end of November, up 29 per cent from £29.3m the year before. Revenue growth for the recruiter, which specialises in placing professionals in industries such as IT, finance and life sciences, was also strong, with revenue for the year rising to £848.8m, up 14 per cent from [...]
Hours lawyers work on the up as Big Four and other accountancy firms muscle in on legal turf, with partners putting in 263 hours more this year than they were in 2014 January 25, 2016 Partners at law firms in the UK are expected to clocked up 263 more hours in the office this year than they did in 2014, as accountants and other professionals have crept in on their territory. According to research published today by legal recruiter Laurence Simons, law firm partners will work an average of 2,622 [...]
Finance jobs in London expected to increase in first half of 2016 but executives already worried about skills shortages January 25, 2016 The capital is likely to see a rise in jobs on offer during the first half of 2016, but executives are already fretting over how to find the right calibre of finance staff to fill their vacancies. According to research released today by specialist recruiter Robert Half, 63 per cent of finance executives in London and [...]
FTSE 100 non-executive directors sees lowest levels of fee growth for more than 15 years, rising just three per cent to £65,000 January 25, 2016 Generous pay packets in the boardroom could be set to become a thing of the past, as a new report has found that fees for non-executive directors have grown at their slowest rate for more than 15 years. According to research out today from PwC, the median non-executive director base fee increased by three per cent [...]
