What options do you have when saving for your retirement? Your Money gives the low down on pensions.
While the thought of retiring might bring a smile to many people’s faces, the thought of preparing your finance for it may not produce quite the same results. According to research from Baring Asset Management, 24 per cent […]

The impact of a rogue trader’s €5bn fraud at French bank Societe Generale will be limited, according to David Moss, director of European equities at F&C.
Yesterday it emerged that trader Jérôme Kerviel has been held accountable for a €5 billion (£3.7 billion) fraud at Société Générale, France’s second largest bank.
“What we are witnessing here seems […]

Chancellor of the Exchequer Alistair Darling has revised the proposed reforms of Capital Gains Tax (CGT) announced in the last Pre-budget Report (PBR).
The reforms to CGT, which were outlined in Darling’s PBR last October, included getting rid of indexation, tapering relief and variable CGT, and introducing a flat rate tax of 18%. While the Chancellor […]

Unsecured personal loan customers could save £1.25bn in interest by switching to a more competitive deal halfway through the term, according to uSwitch.
The price comparison site and switching service found that on average, borrowers with an £8,000 loan spread over five years could save £180 by switching to a best buy deal half way through […]

The Investment Management Association (IMA) is calling for the total abolition of Stamp Duty Reserve Tax in order to stem the flow of funds offshore.
The move comes in response to the Treasury/HMRC discussion paper on simplification of the Schedule 19 Stamp Duty Reserve Tax (SDRT) regime.
A report by the IMA and KPMG quantifies for the […]

ABN AMRO is urging equity investors to be cautious as prices are not yet reflecting the downturn in the US economy.
It believes equity analysts and many economists are still too optimistic. Key indicators suggest that confidence levels in industry are at historic lows, the labour market is being squeezed and consumers are having to […]

Traders betting on the direction of the stock market are undecided where it’s headed next, website BetsForTraders.com has said.
The website, which offers fixed-odds financial betting through a range of 10 different types of fixed-risk bets on financial markets, single stocks, stock indices and the foreign exchange markets, has produced an index measuring the sentiment […]

Further falls in Asian equities could create opportunities for investors, according to asset management company Aberdeen.
Hugh Young, managing director of Aberdeen Asset Management Asia has warned investors in Asian equities to remain cautious, but admitted that the economy of the region remains fundamentally sound. He added that recent market volatility has created buying opportunities, with […]