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Job Market Report May 2015

Job Market Report May 2015 Key points from the May survey: Growth of permanent placements eases, but remains marked overall Permanent salary growth remains strong Permanent placements growth eases…          …but temp billings rise at faster pace                   Salary growth cools, but still strong…                         …as candidate…

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The Week in Numbers 11th June

The Week in Numbers – 11th June 2015 8.7% – Year on year rise in the number of loans approved in April, from 105,394 to 114,628 according to the Bank of England 193% – Year on year increase in the number of people using an equity release plan to pay off their interest-only mortgage, from 78 in April to 229 this year, Age Partnership says £4.3m – Money lost…

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The Week in Numbers – 28/05

The Week in Numbers – 28/05 0.1% – Fall in the Consumer Prices Index in the year to April compared with no change in the year to March 4,000 – Number of individual advisers Garry Heath aims to recruit for his new trade body, Libertatem, in the first 15 months 4 – Number of Labour MPs that remained on the Treasure select committee following the election. Some industry experts…

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The Week in Numbers

The Week in Numbers £15bn – Potential annual cost of maintaining the state pension triple-lock, according to the institute for fiscal studies 47% – Size for the stake in Tenet owned by the enlarged Aviva/Friends Life Group. Money Marketing reveals this week that Aviva is considering selling its stake in the network. 37% – Drop in annuity sales seen by Just Retirement in Q1 56 – number of seats…

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The Week in Numbers – 13th May

The Week in Numbers 12m – Number of actions taken by MAS users in 2014/15 – far higher than the organisation’s 4.5 million target 1% – cashback offer for first-time buyers launched by Halifax this week 8 – Number of advice firms issued with Section 166 reports (also known as a skilled persons report) by the FCA in relation to insistent transfers £11bn – Outflows seen by Aberdeen Asset…

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April Employment Survey News

Key points from the April survey: Strongest increase in permanent staff appointments in eight months Acceleration of pay growth for permanent and temporary staff Candidate availability deteriorated further   The main findings for April are: Permanent placements growth accelerates… The number of people placed in permanent jobs by recruitment consultants continued to rise in April. In fact, the rate of expansion quickened to an eight-month high. This reflected a…

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Snap Shot Headlines 7th May

Snap Shot News Headlines “Advisers seek end to ‘galling’ FSCS levy hikes” The Financial Services Compensation Scheme has announced a shock increase to the levy required of Pensions Advisers. Originally expected to be £57m, it has now risen to £100m. The Life and Pensions advisers have attacked these increase charges amid concerns that firms could be forced out of business. A further concern is that the increase hike designed…

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The Week in Numbers

The Week in Numbers 12% – Drop in mortgage lending reported by Santander in its Q1 results 0.3% – GDP growth in the UK in Q1 2015, according to the ONS £100m – FSCS levy for life and pensions advisers in 2015/16, up from £24m in 2014/15 £80m – value of 40% stake in a property joint venture sold by Henderson to TIAA-CREF £85m – Estimated market capitalisation of…

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The Week in Numbers

The Week in Numbers – 23/04 £35m – Customer redress hit taken by Wonga in 2014 following an intervention by the FCA. The payday lender made a pre-tax loss of £37.3m during the year. 56% – the drop in pre-tax profits at Towry during 2014, from £9.8m to £4.3m year on year £4bn – value of Lloyds shares that would be sold to the public under Conservative plans outlined by…

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March Employment News

 Key points in March: Further marked increases in permanent placements Salaries for permanent hires rise at sharpest rate in six months Candidate availability tightens further. The main indicators for March are: Recruitment continues to rise strongly… March survey data highlighted further marked growth of recruitment activity across the UK. Permanent staff placements rose at a rate unchanged from February’s considerable pace. …supported by robust demand for staff Job vacancies…

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