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Tag: advice

Inflation Remains at a Record High Amid Candidate Shortages

8th March 2018
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| Categories: Employment Market indicators, Financial Services News, Recruitment, Simon Bean, Statistics

Key Points from the February Survey: Softer rise in permanent placements High levels of candidate shortages amid high starting salaries Softer rise in staff vacancies Softer rise in permanent placements… The number of people placed in permanent jobs increased in February although at a slower rate than January’s recent high. The continued increase has  been attributed to a strong demand for staff and a greater willingness among candidates to…

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IFAs remain resilient despite rise in robo-advice

6th November 2017
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| Categories: Financial Services News

Despite the rise in the use of robots as employees in the workplace, IFAs remain adamant that such technology will not replace their human face-to-face investment advice. Although robots and automation are increasingly infiltrating the financial services industry, experts argue that there are certain matters which robot advice cannot be used for; robo-advice generally focuses on investments which relate more to saving money rather than providing advice. For the…

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FCA Announces that IFAs are to Disclose Esoteric Investment Recommendations

6th November 2017
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| Categories: Financial Services News

  The FCA has recently announced that IFAs are to disclose more risky investment strategies which they have recommended to their clients The FCA’s reforms follows its review of the Financial Services Compensation Scheme (FSCS); from 2013-2016 around a third of FSCS claims were linked to the sale of esoteric investment plans by Advisers. During the consultation The FCA did not address the proposal that Advisers selling higher-risk products were…

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What Do Staff Want From You?

7th March 2016
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| Categories: Financial Services News, Job, Recruitment

What better way to let people know they are expendable commodities than calling them ”resources” (human or otherwise)? We all know what we want from our people; the question is how to get it consistently.  The answer, more often than not, lies in understanding what your people want from you. Remuneration, incentives, reward and opportunity are important tools in achieving a “happy advisory family”.  However, if we accept getting the…

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The Week in Numbers – 4th February 2016

1st March 2016
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| Categories: Employment Market indicators, Financial Services News, Job, Recruitment

15% – Proportion of Ucits funds that could be “closet trackers”, according to the European Securities and Markets Authority 20% – Rise in revenue reported by Mattioli Woods following a spate of acquisitions 30 – Number of sales roles being cut by Aegon as part of a shift towards its platform business £600m – Value of build-to-rent deal entered into by Legal & General with Dutch asset manager PGGM.  The rental income from…

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The Week in Numbers – 13th May

13th May 2015
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| Categories: Financial Services News, Statistics

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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Telephone Interviews – A Serious Business

26th March 2015
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| Categories: Interview, Job, Tips

Recruiters reveal an alarming level of complacency by job applicants during important telephone interviews Distractions detract from telephone performance Going to the toilet, having a bath, eating a meal, walking a dog, breastfeeding a baby, arguing with a family member. These are all perfectly normal human activities; and they are all things that recruitment candidates have done during telephone interviews. A recent survey of nearly 800 recruitment and HR…

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