Financial sector feels positive about board positions for women, research finds ahead of Davies review report October 29, 2015 Nearly two-thirds (64 per cent) of finance directors think women have more opportunities to advance in finance and accounting than they did 10 years ago, research by specialist recruitment consultancy Robert Half UK has revealed today. The survey findings come ahead of a new report relating to the Lord Davies review of women on boards, published today. [...]
UK pensions: Almost £3bn withdrawn from pension savings pots since April this year, HMRC reveals October 28, 2015 HMRC announced today that 251,000 flexible payments from pensions, totalling £2.7bn, had been made since the pension freedoms rules came into effect in this April. In the last six months, 146,000 people have made a withdrawal from their pension under the new rules. The figures also showed that the number of people taking flexible payments [...]
Standard Life share price edges up as it posts encouraging performance against volatile market October 28, 2015 Standard Life revealed today assets under administration (AUA) had crept up 2 per cent to £301.9bn in the third quarter. Standard Life Investments, the asset management division of the Standard Life group, also announced that it had continued to expand its global reach, with 64 per cent of net inflows in the year to date [...]
Consumer confidence hit its lowest level for 2015 in September – Lloyds Bank October 28, 2015 Consumer confidence dropped to the lowest level it has been in 2015 during September, the Lloyds Bank Spending Power Report revealed today. The proportion of people who feel comfortable about their household finances also dropped to the lowest it has been for the last five months, said the report. And the number of people [...]
Rise in new business and pensions for AXA Wealth October 27, 2015 AXA Wealth announced its third-quarter results yesterday, revealing that new business had shot up by 43 per cent to £578m during its third quarter. Pensions and funds under management for the pensions and investments company also grew by 14 per cent to £30.4bn. Results were also positive for Architas, AXA Wealth’s multi-manager arm, [...]
Utilitywise sees boost to profits before tax as new exec named October 27, 2015 Utilitywise yesterday revealed an increase of profit before tax of 25 per cent to £16.7m for its year ended 31 July 2015. Revenue for the utility management consultancy, which counts HSBC and Krispy Kreme as customers, grew by 41 per cent to £69.1m. Geoff Thompson, Utilitywise chief executive, told City A.M. that the [...]
