The Rise of the Gig Economy
A highly insightful article about the rise of the “gig” economy globally and its implications: http://economia.icaew.com/en/features/june-2017/the-rise-of-the-precariat
A highly insightful article about the rise of the “gig” economy globally and its implications: http://economia.icaew.com/en/features/june-2017/the-rise-of-the-precariat
Key Points from the November Survey: Permanent placements rise at a quicker pace; Availability of candidates continues to decline sharply; High demand for staff leads to further increases in pay; The unemployment rate remains low. Staff Appointments Rise Further… The growth in permanent placements has reached a three-month high across the UK. The rise has been attributed to an increased demand for staff and company expansion plans. The number…
Concern that over one third of financial services are unsure if they are MiFID II compliant What is MiFID II? MiFID II is an EU Directive which comes into force January 3rd 2018. Its purpose is to offer greater protection for investors and create greater transparency in all asset classes: from equities to fixed income, exchange traded funds and foreign exchange. How will it affect investment decisions? The legislation…
Brexit: A Ticking Time-Bomb for London’s Financial Industry? Fears are escalating as there are concerns that Britain’s vote to leave the EU in 2019 will harm one of its most successful industries… The Impact of Brexit on the Financial Sector The industry is crucial to Britain’s economy, accounting for 12% of Britain’s economic output and paying more tax than any other industry. Roughly one-third of the transactions within this…
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…
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…
October Report on Jobs Key Points from the September Survey Permanent placements rise at weakest pace for five months Candidate shortages continue to drive up pay rates 1. Staff Appointments Growth in permanent staff appointments eases The number of people placed into permanent job roles continued to increase in September, stretching the current sequence of growth to 14 months. Though solid, the rate of expansion was the slowest recorded…
Key August points Permanent placements rise Demand for staff increases at fastest rate since April 2015 Candidate availability declines at quicker pace, pushing pay rates higher Commentary: Employers are finding it harder to find the people to fill the jobs available. In many areas of the jobs market candidate supply cannot meet demand. Employers are having to offer more money to secure the people with the skills they need….
The key points changes this month Permanent placements increased but at a slower pace Salaries continue to rise in April However, the availability of permanent candidates continues to reduce Slowest increase in permanent placements since Sept 2016 The number of permanent placements increased across the UK, though at its slowest pace for seven months. The strongest pace of expansion was in the Midlands, with the slowest in London. Supply…
Growth in placements reaches one-year high Key points from the February survey: Permanent placements increase at quickest pace in one year… Demand for staff reaches 18-month peak Although permanent placements have hit a 12 month high, businesses across the UK are finding it increasingly difficult to recruit for permanent roles. The big question still remains about how employers will fill their vacancies. There are acute staff shortages in a…
