In our latest leadership round-up, Hartey Wealth Management looks into the increasing numbers of people who are continuing to work after giving up their 9-to-5 jobs and the health benefits of holding back from full retirement, while Relocate Global discusses how Paris could emerge as a contender to replace London as Europe’s leading financial hub post-Brexit.
Is the desire to retire ebbing away?
In a recent blog, Hartey Wealth Management sought to explore the increasing numbers of people who choose not to stop working completely after reaching retirement age and instead opt for staggered or flexible working.
Staggered retirement is something that is becoming more and more common among over-65s, and Hartey Wealth Management suggests that weening oneself off a regular working pattern could prove more beneficial than immediately going from working five days a week full-time to not working at all.
The option of staggered retirement comes with numerous financial and health incentives. Quoting research from LV, Hartey Wealth Management highlighted that 32 per cent of pensioners in their 60s and 16 per cent of over-70s have not yet dipped into their pension pot thus leaving them better off financially, while the continued working and social interaction that comes with that helps with one’s mental wellbeing.
Hartey Wealth Management is a specialist at helping clients achieve their financial goals by focusing on maximising wealth and protecting hard-earned assets. If any readers are looking to discuss their retirement plans and are looking for a strategy which offers the maximum amount of choice and flexibility, then Hartey is in a prime position to help.
The full blog can be read here.
An emerging financial hub?
In late November, Relocate Global’s Marianne Curphey discussed how Paris is emerging as a growing financial centre and could become the leading finance hub in Europe after Brexit is fully enacted in January.
As well as its obvious appeal as a place of work, culture and education, Paris boasts roughly 180,000 employees in the financial services sector compared to the UK’s 250,000-strong industry workforce according to Paris Europlace. These figures put the French capital ahead of other European contenders such as Dublin and Frankfurt.
Furthermore, Curphey notes that the European Banking Authority has now relocated to Paris from London - taking 250 employees with it - while the European Securities and Markets Authority is already based in the city.
It is estimated that around 4,000 direct financial services jobs will be generated in Paris as a result of Brexit, while Goldman Sachs and BlackRock have already been scaling up their activities there. Other industry operators expected to follow suit depending on the outcome of the ongoing Brexit negotiations.
Relocate Global is a multimedia and global B2B website which began as Relocate Magazine in 2004. It has become the leading publication for HR, global mobility and relocation professionals, with a growing international reputation for thought leadership, innovation and people support.
Relocate Global aims to promote creativity and best practice in mobility, explore new topics and stimulate debate on relocation-related subjects.
Marianne Curphey's full article can be read here.
