Men retiring this year will have pensions two-thirds larger than women in the same position, according to Prudential. The average pension income for a man taking his pension in 2010 will be £19,593 per year, compared with £12,169 per year for a woman.
Norway’s national pension fund has sold off Euro 1.8 bn in tobacco shares, citing ethical reasons. The individual investor can also opt for ethical investments, with over 100 ethical funds now available.
Seventy per cent of people in Great Britain consider their outlook and lifestyle to be green and ethical, and 49% of people with savings and investments would like to make a difference with their money by making an ethical investment.
These are the findings of the UK Sustainable Investment and Finance Association (UKSIF) published this week [...]
Investors who fail to regularly review their funds investments are losing thousands by leaving cash invested in underperforming funds, a new report has revealed.
The amount of cash in badly-performing so-called ‘dog’ funds has almost doubled in the past year, from £7.2bn on 31 December 2008 to £14.22bn at the end of September 2009.
The report, by [...]
One particularly rich source for the words we use is the world of the seafarer. No surprise, then, that so many maritime expressions have drifted ashore in the world of personal finance! Here, to salt your lips, are just a few.
‘Copper-bottomed investment’: in 1761, The Royal Navy began plating the hulls of its vessels with copper to [...]
Before making an investment decision, you must identify your ‘risk profile’ as an investor. How much risk do you feel comfortable with? Certain products offer more promising returns than others, but the risk is higher as well.
