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Saturday 27th of February 2010

News Tag: stock market

February 11, 2010

Pensions income drops 70% in a decade

by David Masters
Pensions income drops 70% in a decade
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 ...



January 3, 2010

FTSE 100 adds 22% in 2009

by Kay Murchie
FTSE 100 adds 22% in 2009
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 ...