The British Medical Association has written to chancellor Philip Hammond that doctors will start to reduce their working hours unless reforms are made to the NHS pension scheme. In the latest of several letters to the Hammond, the BMA says current pension and tax rules are creating a “perfect storm” in the NHS workforce. It […]
House price inflation in UK cities has seen its slowest growth since May 2012, according to Hometrack, coming in at 1.7 per cent. Prices in the capital have marginally risen in the year to March 2019, increasing by 0.1 per cent. Meanwhile, the remaining six southern cities covered in the analysis have all recorded their […]
Self-evidently, inheritance tax and estate planning becomes more important and relevant the older clients get. But importance and relevance don’t simply auto-translate into interest and action. Even at older ages (as is the case for simple will planning) and among the wealthiest (and, in theory, most “relevant”) brackets, estate planning is something that clients will, […]
The FCA says its review of RDR and FAMR will assess whether they have increased innovation in financial advice. An update published on the FCA’s website today sheds light on themes in the call for input to the review of RDR and FAMR that is expected to be published in the near future. It says […]
A quarter (23 per cent)* of the UK’s small to medium-sized enterprises (SMEs) do not have an absence management system in place, according to new research from Jelf Employee Benefits. Despite 69 per cent* of organisations having a system in place, three-quarters (75 per cent) report that it is not providing them with sufficiently empowering absence or health data to inform an effective wellbeing programme.
The European markets regulator has expressed concern UK finance companies could make use of loopholes between the UK and EU after Brexit, according to the Financial Times. Speaking at a conference in London, the European Securities and Markets Authority chair Steve Maijoor said this was one of the reasons Esma is seeking to directly supervise […]
Theresa May’s announcement from earlier today that she will step down as prime minister on Friday 7 June brought a new direction to deadlocked British political scene. Yet figures from the investment management sector say her resignation does not spell the end of uncertainty, which has been holding back investment decisions. Hermes Investment Management chief […]
The FCA’s Intergenerational Differences paper highlights the difficulties that people in their late 30s to early 50s face in saving for retirement. How can the industry improve their prospects? Grouping people according to age, gender, marital status and how wealthy they are is something product providers and advice firms do to tailor their services to […]