A new report released highlights the hidden dangers of online companies such as ASOS, Topman and schuh introducing try-now-pay-later options for customers. The trend is threatening to overwhelm retailers– many of which are already reaching crisis point – with a huge surge of intentional returns that may undermine profits.
Published: 31 March 2018
Our recent survey amongst employers investigated what workplace support is available to help employees understand how to make the most of their finances throughout their career in order to optimise income at-retirement. It found that employees are at immense risk of retirement income shortfall.
Published: 12 March 2018
From the 6th April 2018, employers and employees will be required to increase contributions into their Qualifying Workplace Pension Scheme. The total overall contributions will rise from the current minimum of 2 percent of qualifying earnings to 5 percent; as at April 2019, they will increase again to a minimum of 8 percent.
Published: 22 February 2018
Brexit is perpetually fuelling more and more questions, within every industry across the UK. Many businesses are finding themselves with ... View Article
Published: 31 December 2017
A leading provider of financial education, guidance and advice in the workplace, comments; “Learning how to manage money is an important life skill and getting the balance right between spending and saving is fundamental. However, many employees struggle to understand various financial issues that may relate to them and require help and support in order to feel secure when it comes to their finances.
Published: 17 December 2017
Whilst it is reassuring that the highest rates of regulated advice use are from those that go into drawdown – 69 percent according to the Financial Conduct Authority (FCA), it is weighted towards those with larger pot sizes. Overall, accessing pension pots early has become the norm. The FCA found that 72 percent of pots that have been accessed are by consumers under 65 - most choosing to take lump sums rather than a regular income.
Published: 26 November 2017
Such has been the success of the strategy that last year the UK’s Black Friday online sales grew to £1.23bn, yet there was no repeat of the delivery meltdown of 2014. That’s because Black Friday had mutated into a whole week – with online sales from Monday 21 November to Monday 28 November reaching around £6.5bn.
Published: 10 November 2017
KPMG’s survey of nearly 900 leading global HR executives found that leaders view today’s disruption as an opportunity to transform their business models and drive growth. Specifically, 65 percent say they view technology disruption as an opportunity, and 68 percent say they have taken steps to challenge themselves in the past year. The caveat in all this is that while most HR initiatives are said to be meeting expectations, more than half (59 percent) of organizations say they still lack a business case or appropriate metrics to measure results and return on investment.
Published: 8 November 2017
To accept a relocation package, the salary or the role must have been an adequate temptation, but what can seem like a reasonable salary in the UK might not stretch too far when considering how much further it may have to go in a new home.
Published: 31 October 2017
Identifying a firm's senior managers and publicising their status may be a fraught exercise: while focus needs to be given to the new senior managers, it should not be forgotten that some senior individuals may be unhappy about not being made senior managers - leading to a different set of problems.
Published: 28 October 2017