“Alexa, what’s an annuity?” Insurance company Aviva is using Amazon Echo January 4, 2017 "Alexa, what's an annuity?" Now your Amazon Echo can tell you the answer to burning questions about insurance and guide you through the unfamiliar jargon of the industry. The Insurance giant Aviva has developed a so-called skill (like an app for smartphones) for the voice activated speaker which proved a big hit for Amazon over Christmas. Read more: [...]
City Moves for 15 December 2016 | Who’s switching jobs December 15, 2016 The Instant Group John Duckworth has been appointed managing director of The Instant Group, responsible for all sales and business operations in the UK and EMEA region. An experienced real estate executive, John joins from JLL where he was a member of the UK board and, among other responsibilities, ran its corporate services business. In his 18 years [...]
A median of £0? Well, that’s what the ONS says one sector’s workers are putting into their pension pots December 9, 2016 Work in the tourism sector? Are you putting money away for retirement? If the answer is no, then you aren't alone. The latest numbers from those clever boffins over at the Office for National Statistics (ONS) suggest the median pension savings reported in the tourism sector is a mighty… well, diddly-squat. That's right, the ONS said the median reported [...]
These are 2016’s top 100 influential leaders in fintech (part 1 of 4) December 7, 2016 It is no secret that the financial services industry continues to be transformed by the digital revolution. According to PWC, roughly 20% of financial services business is at risk of disruption to fintech companies by 2020. It follows that investment into the sector continues to rise. In 2015, funding of fintech businesses more than doubled [...]
City Moves for 7 December 2016 | Who’s switching jobs December 7, 2016 Lee Baron Lee Baron, a specialist in property management, has promoted Mark Fitzgerald to head of property management. Having joined the firm in 2015 as a director in the property management department, Mark takes the reins from Ian Jones, who after 10 years in the role, will now be concentrating on his position as chief [...]
Institutional West End property sales sizzle to record high as investors capitalise on weaker pound and foreign interest December 5, 2016 Institutional sales of commercial property in the West End have topped £2.7bn in the year-to-date, the highest volume ever recorded, according to estate agent Savills. Standard Life, Aberdeen Asset Management, DTZ Investors, TH Real Estate, Blackrock and Aviva have each sold more than £100m of assets since January, with vendor institutions making up 55 per [...]
It’s good but it ain’t enough: Auto-enrolment numbers are a “tale of two halves” December 1, 2016 Auto-enrolment of workplace pensions is failing key sections of the workforce and needs to be "re-booted", according to industry experts. The department for work and pensions today released its annual report on the country's participation in the initiative, which was an attempt to "address the decline in private pension saving and to help normalise saving". [...]
City Moves for 30 November 2016 | Who’s switching jobs November 30, 2016 Close Brothers Asset Management Close Brothers Asset Management (CBAM) has strengthened its financial education corporate relationship team, making key appointments in senior positions. Mike Hardy (pictured) has been appointed as director of strategic partnerships having over 15 years’ experience in this area with senior positions at three FTSE companies; HSBC, Aviva and Lloyds Bank. His role [...]
The City’s tallest skyscraper gets the go-ahead November 28, 2016 The tallest building in the City of London, 1 Undershaft, has just received planning approval. Rising up 73 storeys, the new glass giant will be the second tallest tower in western Europe after the Shard. To make room for the building, Aviva Tower will be demolished. Read more: Steel group Severfield sets its sights on [...]
Blow for England as No8 Billy Vunipola set to miss Six Nations with knee injury November 27, 2016 England's autumn celebrations have been tempered after No8 powerhouse Billy Vunipola emerged as a major doubt for next year’s Six Nations due to the knee injury he picked up during Saturday’s victory over Argentina. World player of the year nominee Vunipola tore cartilage during England’s 27-14 triumph over Argentina and after undergoing surgery on Sunday the 24-year-old [...]