Tinkering with Britain’s economy won’t drive the growth we need May 23, 2012 DEBATE has raged for days over Adrian Beecroft’s proposed employment law reforms, exposing some fundamental problems in our politics. Having been asked to apply his expertise and intelligence to a serious issue, and having volunteered his time, the savaging he has received from some quarters shows why many of our finest minds outside politics are [...]
No more rewards for failure – how to claw back pay May 23, 2012 ONE by one, companies with either sub-par performance or poor compensation plans have been brought to account by shareholders. The most spectacular of these was at Aviva where Andrew Moss, recently stood down, but there have been major revolts at William Hill, Pendragon and Trinity Mirror. All of this has been achieved without one bit [...]
After the FTSE 100 fell to 5,266 yesterday, where will it close at the end of the year? May 23, 2012 LOWER Glen Jones The UK has entered into a double-dip recession. However, the FTSE 100 isn’t just a reflection of the UK market, it’s a proxy for the entire global economy, as a large proportion of its revenue streams come from overseas. The bullish recovery from the lows of last summer has been curtailed quickly [...]
RAPID RESPONSES May 23, 2012 Tax by extortion [Re: Don’t ignore the moral arguments against high taxation, yesterday] This is a drum worth banging, and banging again. The moral arguments against taxation apply not only to taxes that the government describe as such, but also to official extortion at the local level – tyrannically enforced and excessively high charges, fines for [...]
Advisers will have to be more trustworthy May 23, 2012 You won’t be misinformed because of commissions after 2013 THE financial regulator, the Financial Services Authority (FSA), is shaking up the way financial advice is being provided in the UK. New rules – the Retail Distribution Review, or RDR for short – come into force on 1 January 2013. The new rules incorporate three new [...]
Eagle-eyed firms are set to fly high in 2013 May 23, 2012 REGULATION is as dull for consumers as it is frustrating for businesses. This is why the average man or woman on the street hasn’t heard of the retail distribution review (RDR), which revolutionises the regulation of financial advisers. However, it does matter. For better or worse, it will change the way that financial advice is [...]
Banks are prioritising tech talent to drive innovation May 23, 2012 THE GLOBAL financial services market has seen continued instability, particularly across the Eurozone, creating an extremely challenging operating environment. This has had an understandable knock-on effect on the hiring market. IT hiring on the whole, however, has held up, largely because of new emerging technologies within banks. The current omnipresence of technology in finance, from [...]
JOBS of the WEEK May 23, 2012 SENIOR QUANTITATIVE STRATEGIST NEW YORK $200k-$250k pa, plus bonus & benefits A rapidly growing hedge fund is looking to build its infrastructure and technology team. Candidates must have excellent C/C++ development skills and PhDs are preferable. http://www.cityamcareers.com/job/9754 TEST ANALYST LONDON £60k-£90k pa, plus bonus & benefits A prestigious Tier 1 bank is seeking an agile [...]
An MBA versus an MSc is not a straight battle May 23, 2012 ONE OF the rising movements in professional education is the growth of business masters courses (MSc), whether in general management or in a host of specialisms – from real estate investment to shipping. Over the last few years, many schools have expanded their range of masters courses and have made a real push to recruit [...]
Choosing your MBA: Location is a critical part of the decision May 23, 2012 WHY SHOULD the location of a business school be a factor in choosing one MBA programme over another? It’s not immediately obvious. Many potential students will select by the educational value of a course, and how specific features of that MBA programme might impact on career progression. Many others will go by a school’s position [...]
