City Moves for 18 November 2015 | Who’s switching jobs November 17, 2015 CAPITAL GROUP The investment management company has appointed Chris Miles as director, financial intermediaries. He joins from Fidelity Worldwide Investment, where he was associate director, wealth manager sales, responsible for the sales and relationship management of discretionary accounts. PwC The professional services firm has appointed Leo Ring and Hannah Carter to its pensions and investment [...]
Just less than half of financial professionals think bosses’ business decisions are based on gut feelings, as many feel undervalued by the organisations they work in November 12, 2015 Are the spreadsheets scattered across your boss's desk just an illusion? A report out today by the Association of Chartered Certified Accountants (ACCA) and professional services firm KPMG has found that almost 40 per cent financial professionals believe that most business decisions are made primarily on gut feeling rather than cold, hard facts. In the [...]
City Moves for 12 November 2015 | Who’s switching jobs November 11, 2015 Lloyds Bank Commercial Banking Michael Bond has been appointed mid markets relationship director in the bank’s technology, media and telecommunications team in London. He previously held a similar role at Lloyds, looking after clients in the education, communities and government sector across the South East. State Street Global Advisors State Street’s asset management arm has [...]
City Moves for 11 November 2015 | Who’s switching jobs November 10, 2015 REDEFINE INTERNATIONAL The UK real estate investment trust has appointed Janine Ackermann as head of investor relations. She joins from SABMiller, where she spent the past seven years holding positions in investor relations, financial planning and analysis, and corporate finance and development. Ackermann trained as a chartered account with KPMG in South Africa, and [...]
We’d rather discuss age and gender in the office than race, as incidences of racial harassment in the workplace rise November 10, 2015 When it comes to touchy subjects in the office, it turns out talking about race makes us more uncomfortable than discussing age or gender. In a survey by Business in the Community (BITC) of 24,457 UK employees, 37 per cent said they thought their colleagues would be comfortable discussing race, compared to 44 per cent [...]
Black Friday and Cyber Monday 2015: UK shoppers holding out to snap up bargains in November pushed October sales down November 10, 2015 UK retail sales were disappointing last month, according to a survey by the British Retail Consortium released today, suggesting that some shoppers may be holding out for some deals around Black Friday at the end of November. Retail sales decreased 0.2 per cent on a like-for-like basis from October 2014, when they were unchanged from the preceding [...]
Number of permanent staff hired shot up sharply during October, finds REC and KPMG November 6, 2015 Four out of ten recruiters (41 per cent) placed more people in permanent positions this October than they did a month ago, according to a report released today by the Recruitment and Employment Confederation (REC) and professional services firm KPMG . The latest Report on Jobs, which the two organisations publish monthly, found that the [...]
Markets can help end discrimination – but name-blind recruitment would help November 3, 2015 The Prime Minister recently announced that the civil service will introduce name-blind recruitment. When people apply for public sector jobs, their name will not appear on the documents sent to the appointment panel. Major organisations such as HSBC, KPMG, the BBC and the NHS are following suit. Economists have produced a substantial body of evidence [...]
Association of British Insurers: Sales of annuities have picked up despite new pension freedoms November 3, 2015 Annuity sales rose to 22,380, worth £1.17bn, during the third quarter of 2015, the first time quarter-on-quarter sales have risen for three years, the Association of British Insurers (ABI) revealed at its Biennial Conference today. By comparison, annuity sales for the second quarter of 2015 where 18,200, worth £990m. Figures from the ABI also revealed that [...]
Boris Johnson announces plans to raise London’s Living Wage to £9.40 an hour November 2, 2015 London's Living Wage is set to rise again, after Boris Johnson and the Living Wage Foundation announced another round of hikes. In a speech this morning the Mayor of London said voluntary Living Wage will be raised to £9.40 an hour in the capital, from £9.15 an hour now. Meanwhile, the UK Living Wage will rise to £8.25 [...]