Archive for March 24th, 2009

Statement by IMF Managing Director Dominique Strauss-Kahn on the European Union’s Announcement of Financial Support for the IMF

The Managing Director of the International Monetary Fund (IMF), Mr. Dominique Strauss-Kahn, made the following statement today:

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Prudential reports recession woes grow for pensioner

New Prudential Class of 2009 retirement survey reveals the UK’s deepening economic crisis will mean the 3.25 million UK adults who plan to retire in 2009 can expect to receive £2.87 billion* less in their pensions than those who planned to retire in 2008.

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Turner Review must not unbalance FSA

In response to the publication of the Turner Review by the FSA, Adam Phillips, the FSCP’s Acting Chairman said:

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NS&I changes premium bonds prize structure and variable rates on savings

NS&I announces big changes to the premium bonds prize structure to allow more people to win along with adjustments to the variable rates on savings products

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57% of Brits split savings into more than one investment product

Following the bailout of both HBOS and Royal Bank of Scotland and stock market volatility, research from Fairinvestment.co.uk has found that 57 per cent of Brits with savings have split them into more than one investment, minimising risk.

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