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The Week in Numbers – 3rd November

The Week in Numbers – 3rd November 2015 44% – Year-on-year rise in pension investment inflows reported by St James’s Place in the third quarter , from £430m to £620m 0.5% – Growth in UK GDP in the third quarter, according to estimates from the Office for National Statistics £15.4m – Redress that payday lender Dollar Financial UK will pay to over 147,000 customers after reaching an agreement with…

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Employment Law Update

Travelling time is ‘working time’ for workers with no fixed place of work. Employment lawyers are divided over any potential adverse effect on agencies of a working time ruling handed down by the European Court of Justice yesterday. The ruling means time spent travelling to and from first and last appointments by workers without a fixed office should be regarded as working time. The additional working hours could put some…

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The Week in Numbers – 26th October

The Week in Numbers 34% – Year on year rise in SIPP claims reported by the Financial Ombudsman Service, from 210 in Q3 2014 to 281 in the same quarter this year 10 Years – Length of SIPP administration deal agreed between Curtise Banks and Zurich 100 – Number of Sanlam Wealth Planning employees whose jobs are under threat after the firm placed its Rhyl and Worcester offices under…

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The Week in Numbers – 19th October

The Week in Numbers – 19th October -0.1% – UK Consumer Price Index inflation rate in September, the second time that measure has dropped into negative territory this year £9.1m – Amount stolen from savers through pension scams between April and August this year, according to figures from the City of London police £150m – Funds under management added by Bellpenny following its latest double advice acquisition £6.2m –…

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The Week in Numbers – 13th Oct

The Week in Numbers – 13th Oct 2015 6 – Number of former brokers standing trial at Southwark Crown Court facing charges of Libor rigging 80% – Proportion of cash lump-sum withdrawals since pension freedoms made by savers under 65, according to the ABI £35K – Funds pledged by the CISI to promote financial planning following its merger with the IFP £3.5m – Cash injection secured by adviser reviews…

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October Job Market Report

Key points from the October survey: Growth of both permanent placements and temp billings moderates Downturn in candidate availability eases, but remains marked Slower increases in permanent salaries and temp pay     Growth of staff appointments eases further… Permanent placements continued to rise in September. However, the rate of expansion eased to a two-and-a-half year low (since March 2013). Panellists again reported that a lack of suitable candidates had…

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The Week in Numbers – 23rd Sept 2015

51% – Proportion of people who do not know if their provider levies charges for managing their pension pot. 0% – CPI inflation in August, down from 0.1% in July according to the Office for National Statistics 80% – Proportion of investment houses that publish out-of-date fund data, research by fintech company Instinct Studios shows 5.2% – House price growth in the year to July 2015, down from 5.7%…

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August’s Job Market Report

Growth of staff appointments falls further… Although permanent placements continued to rise in August, the rate of growth eased further, hitting a 27-month low. …restricted by skill shortages The availability of candidates for permanent roles fell further in August, with the rate of decline accelerating to the sharpest for a year. Salary growth remains strong… Starting salaries for people placed in permanent roles continued to increase in August. The rate…

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The Week in Numbers – 14th September

The Week in Numbers – 14th September 50% – Rise in protection sales reported by LV= in the first half of the year. Total life sales hit £869m, with profits of £12m £8bn – Size of Jupiter’s Merlin fund range. Jupiter’s John Chatfield-Roberts has stepped down as CIO to focus on managing the funds 2.83% – Average interest rate on gross mortgage advances in Q2, the lowest figure on…

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Bite Sized Market News Aug 15

Permanent placements continue to rise, but rate of growth eases to 26-month low. Key points from July: Growth held back by skill shortages Salary growth remains strong, despite easing to 18-month low. Candidate shortages bite… The availability of staff for permanent roles fell further in July, with the rate of decline accelerating to the sharpest since November 2014.   Businesses are struggling to find the talent they need and…

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