Business & Industry
Money Management 2020
-
Savers Take Control (STC) – a new initiative to educate and empower
Who should savers really trust? The answer could be simply: themselves and each other! Ordinary savers should be aware they are part-owners of businesses and should care how businesses behave. However, with vested interests resistant to change, we need independent volunteers to help tackle the problems involved. Understanding conflicts of interest Lord Myners discusses1 the...
-
s Sponsored
Lots to learn: how data is transforming workplace pensions
Since COVID-19 first affected our lives, people are heading online more and more. Standard Life has enhanced its member communication to meet these digital needs, with member data allowing personalised communications. App usage has seen an increasing trend, and the need to communicate digitally has only accelerated that growth. Standard Life has reported a 72%...
-
s Sponsored
Manage your money and plan for your retirement from your phone
The use of money management apps has skyrocketed in the UK over the last few months, with more than half of the population (54%) now using them regularly. We are in times of accelerated fintech adoption. According to a recent article by Altfi.com, the use of money management apps has skyrocketed in the UK over...
-
s Sponsored
The future of finance is decentralised
London-based fintech company, Aave, is building a decentralised financial ecosystem on the ethereum blockchain that is transparent, open, and trustless. Decentralised finance (DeFi for short) uses open-source networks to create financial products and services without involving centralised institutions. Like traditional finance, DeFi allows people to earn interest on deposits and borrow assets, but DeFi doesn’t...
-
Responsible investing – what does it mean in 2020?
“To tackle vested interests, we must empower savers”. Face it – capitalism is in crisis. Somehow, the corporate world has got itself into a mess, where unjustifiable individual rewards often combine with a short-term focus that is harmful to society as a whole. In practice, do we hear any discussion of what makes a company...
-
Financial fraud & protecting clients’ wellbeing
Our wellbeing has been severely tested over recent months. COVID-19, unprecedented market volatility, a deep recession and resultant spike in unemployment are all contributing to an unease affecting tens of millions of people. This has been magnified by a significant upturn in fraud, targeting those most vulnerable. “75% of all fraud crimes reported are cyber-enabled...
-
5 ways to make them pay
It’s an unfortunate fact of corporate life in the UK that many big businesses fail to pay suppliers on time. More than £23 billion was owed to firms in late payment in 2019 – up 80% on the preceding year. So how can you protect yourself from the debilitating scourge of late payment? 1) Credit...
-
Retirement Living Standards help savers picture the future
A survey carried out by the Pensions and Lifetime Savings Association (PLSA) back In 2018 found that only 23% of people are confident they know how much they need to save for retirement. When you add that 51% of people focus only on their current needs and wants, you get a fair picture of the...