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Sobering thoughts

UK employers think that booze is causing a lack of productivity in workplaces up and down the country, according to Norwich Union Healthcare.

The study found that 77 per cent of employers believe alcohol is the number one threat to employee wellbeing and is encouraging absence through sickness but this is obviously not the case at Money Marketing. Thirty-two per cent admit to going to work with a hangover – which means that clearly the other 68 per cent are lying – and 15 per cent owned up to being drunk at work.

One in 10 employees admit to being drunk at work at least once a month and one in 20 say it happens once a week.

The Diary blames the PRs of the world.


Investment matters – Kira Nickerson

The Investment Management Association’s launch of an absolute return sector begs the question as to what exactly constitutes absolute return? And how exactly does it differ from total return? Or targeted returns for that matter.

Insurers get it in neck over Omo materials

The FSA pulled no punches this week with its stark warning to life companies that open market option standards for annuities had to dramatically improve after discovering shocking numbers of consumer correspondence failings.


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