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ONS Productivity Flash Estimate Comment
Bruce Moss, Founder and Strategy Director at EValue: “Productivity remains a huge challenge for UK businesses. Yet there are simple but significant steps that employers can take to help to address the issue, such as using innovative technology that improves employee engagement with their finances and boosts their financial wellbeing.
It is estimated that around 46% of people in the UK have financial worries, which can causes a significant drain on productivity in the workplace. By investing in financial technology that boosts engagement with financial planning, employers can ensure employees get to grips with their finances and see improved levels of productivity, which in turn protects their business bottom line. This employer offering is being transformed by the development of intuitive and accessible robo-advice platforms which enable staff to make informed financial decisions.
With compulsory retirement no longer available to employers, there is a worry that older less productive employees may linger in the workforce because they cannot afford to retire. As the government looks to give individuals greater responsibility for securing their retirement income, a clear, concise, and robust financial plan aided by state of the art technology can help businesses close the productivity gap.”
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Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation
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CLS Appoints Six New Board Directors
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces the appointment of six new members to its Board of Directors at the CLS Annual General Meeting held on 9 June 2026.
Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World
Mobey Forum’s Fraud Expert Group has published a new report, Rethinking Fraud in a Connected World: Trust, Collaboration, and Resilience in the Digital Ecosystem, exploring how fraud is evolving beyond traditional banking threats and why stronger collaboration across industries is becoming essential.
SumUp Launches in Canada
SumUp, the global financial technology company, today announced its official launch in Canada. The milestone makes Canada SumUp's 38th market and its latest step in building out its presence across the Americas, as the company continues its mission to make commerce simpler and more accessible for all businesses worldwide.
European Fintech Association Elects New Board of Directors
The European FinTech Association (EFA) today announced the election of its new Board of Directors, bringing together senior leaders from across Europe's fintech ecosystem to guide the Association's work over the coming term.
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Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support
Connect IFA Ltd is pleased to announce key leadership appointments designed to strengthen its commitment to growth and enhance the support it provides to advisers and network members.