Tags: Finance

Two thirds (64 percent) of UK finance chiefs say there are more opportunities for women to advance through the ranks in finance than at anytime in the last decade. The same can also be said of accounting. The improved levels of opportunity are also increasing and improving the chances of women securing executive board positions.

 

Jo Thresher: Only half of working women are saving adequately for retirement

The reason the issue of saving is so pertinent for women, is that they still tend to earn less than men – if you have less money to live on, you have less money to save. Women are saving an astounding 40 percent less than men for retirement, and this gap has widened since the previous year, according to this report.

Background in finance or accounting is a sure route to the top

A background in finance and accounting makes you much more likely to secure a position on the executive board and even bag the top company spot of CEO, finds new international research from specialist recruiter Robert Half UK. The majority (87%) of senior finance professionals surveyed across 16 different countries said that a background in finance and accounting…

Talent management primary focus for HR execs in financial services industry

Identifying and developing talented employees will be the primary focus of human resource (HR) executives in the financial services industry over the next 12 months, according to a poll conducted by global professional services company Towers Watson. The poll also found that an equal number of executives will emphasize developing more effective managers and performance…

A fifth of workers say personal financial problems affect their job

A new report into the financial health of today’s employees reveals that the key to increasing an individual’s financial well-being is improving their financial capability and encouraging savings. The Barclays report, entitled Financial Well-being: The Last Taboo in the Workplace? challenges the widely-held belief within organisations that financial health is determined by level of income.…

Women finally outnumber men in applying for financial jobs

For the first time in its history there are more women applying for professional and financial services jobs than men, according to Randstad Financial & Professional. The specialist accountancy and financial services recruiter established in 1982 says during 2013, 51% of the candidates registering with them have been women – the first time women outnumbered…

Whistleblowing has increased by 88% since April for white collar crime

Prosecutions for white collar crime in the financial services sector are likely to increase in 2014 following an 88% rise in the number of whistleblowing reports received by the FCA’s ‘Whistleblowing desk’, according to international law firm Pinsent Masons. Data obtained from the Financial Conduct Authority by Pinsent Masons shows that whistleblowing reports have increased…

Non-exec directors seeing their fees flatline after 5 years of growth

Non-executive directors in FTSE100 companies are seeing an end to the increases in their fees experienced after the financial crisis, according to a new report by PwC.  PwC’s research reveals that the base board fees for non-executive director roles in the FTSE100 are beginning to plateau after several years of rises, as companies try to…

Finance Directors could do more to support HR technologies

A survey of over 290 HR Directors, professionals and company managers has revealed that 94% believe HR and finance teams should work together more closely to help optimise company performance and profits. A further 87% stated that Finance Directors could do more to approve and drive the implementation of HR technologies.   The survey, carried out…

Barclays Bank tops list for number of complaints

Consumer complaints reported by financial services firms fell by 500,000 between the second half of 2012 and the first half of 2013. Data published by the Financial Conduct Authority (FCA) showed 2.9 million complaints were made in the first half of 2013, compared to 3.4 million consumer complaints reported by firms in the previous six…

Financial Services sector fined £154m so far this year

The Fraud Investigation and Dispute Services (FIDS) team at EY has today released new research revealing the latest trends in activity from UK regulatory bodies. The research revealed that UK businesses and executives have already been fined over £166m by the OFT, FCA and FSA since the start of 2013 as a result of business misconduct, following…