News Tag: stock market
February 11, 2010
The value of the average pensions pot has plummeted 60% over the past decade, according to research by Moneyfacts.co.uk.
The financial advice site blamed a combination of poor stock market returns and plunging annuity rates.
During the same period, the average pensions income has fallen by almost three quarters.
The pensions income of a male who has contributed £100 per month for 20 ...
Pensions income drops 70% in a decade
by David Masters
January 3, 2010
Despite the doom and gloom in 2009, London’s FTSE added 22% over the course of the year - the biggest annual gain since 1997.
Similar gains were seen in Europe with Germany's Dax gaining 23% and France's Cac added 22%.
The FTSE 100 hit a low point in March 2009 of 3512 but ended 2009 at 5412.88.
Companies experiencing strong gains included luxury ...
FTSE 100 adds 22% in 2009
by Kay Murchie
