Employers report widening gap between education and employment
Employers are seeing a mismatch between young people’s career readiness and what’s needed in the workplace, new research shows. Soft skills and technical skills Three in four (72%) employers in the UK have seen a shift in the values and priorities of young people (aged 16-24) in the workplace in the past three years, with […]
Early retirement: majority stop work before State Pension Age
More than three in five workers retire before reaching State Pension Age, according to new research. If you’re thinking of taking early retirement, there will be a gap before you become eligible for the State Pension and your own savings and investments will have to provide income for a longer period. It’s important to consider […]
UK property market needs ‘radical changes’, building societies say
A new report has called for a policy and regulatory overhaul to help prospective first-time buyers get onto the property ladder. High house prices and mortgage rates, coupled with high rental costs and household bills, mean that many younger people face huge challenges in the current housing market. Building societies have the potential to increase […]
The link between work and good mind health
Poor mind health in the workplace cost the UK economy £102bn in 2023, according to new research. This includes workers taking sick days or being less productive due to mental health conditions, as well as staff turnover and unemployment when workers choose to leave their jobs altogether. The study by AXA UK found that over […]
Pension confidence on the rise
For the first time in six months, people are feeling more positive than negative about their retirement prospects. A survey by pension provider PensionBee found that positive pension sentiment has grown considerably in the last three months amid falling inflation and reduced cost of living pressures. Its Pension Confidence Indicator rose to +22 in March […]
Mortgage approvals rise as pay outpaces house price growth
UK house prices are higher than they were a year ago, but affordability has also improved and mortgage approvals are up. As the property market continues to recover, the trajectory of interest rates is set to be a major factor. Consumer sentiment improving The average cost of a home stood at £261,142 in March, […]
Deal Completion Fidelius announces growth plans after Söderberg & Partners takes minority stake
Fidelius, the Bath-headquartered advisory firm, today announces its growth plans as the FCA approves an investment from Söderberg & Partners. The FCA has given approval for an investment in the Fidelius from Swedish wealth manager Söderberg & Partners. In January it was announced Söderberg & Partners would buy a significant minority stake in Fidelius for an […]
Mind the generation gap in the workplace
Half of companies (51%) now employ three or more generations. How should businesses navigate the multigenerational workplace? Clear digital communication guidelines and support for collaboration across generations are needed to help diverse age groups work together effectively, according to a new study. ‘Digital Etiquette: Mind the generational gap’ uncovered differences in communication styles and attitudes to […]