Self-employed workers are mostly financially secure and happy in the present, but concerned about the future, a new report by IPSE (the Association of Independent Professionals and the Self-Employed) and Sherpa has found. The report, ‘The Path to Prosperity, claims that although almost three quarters (72 percent) of freelancers are currently enjoying life because of how they are managing their money, 77 per cent are concerned the money they have – or are going to save – will not last. It also found that over half (51 percent) of the self-employed have felt anxious or stressed about their financial situation. This is exacerbated by the lack of tailored money management advice and flexible savings products available for the self-employed.

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Business leaders have been urged by Sir John Parker to step up their work on ethnic and cultural diversity at the top of business. The call to action comes as the Parker Review Committee, led by Sir John Parker, publishes its first annual update to track the progress made against the recommendations in its Final Report, published in October 2017.  The Final Report urged business leaders to improve the ethnic and cultural diversity of UK Boards to better reflect their employee base and the communities they serve. It set out achievable objectives and timescales to encourage greater diversity.

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