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Ageing baby boomers open new markets for insurers
4 Sep 2006 source: today.reuters.co.uk

By Clara Ferreira-Marques LONDON (Reuters) - Baby boomers are turning 60, shaking up traditional notions of retirement with new careers or "silver" travel and transforming the pension and savings industry that underpins the country's life insurers. Workers once retired with a gold watch and a fixed annuity ensuring set, regular payments until death. But longer lives, flexible working patterns a ...


LONDON MARKETS: London Shares Gain Ground As Mining Companies Support ...
4 Sep 2006 source: morningstar.com

London investors pushed the benchmark index higher on Monday, buying mining stocks as they also assessed a mixed set of earnings. The U.K. FTSE 100 indexrose 0.3% at 5,966, as mining shares including Antofagasta,BHP Billiton, (BHP) and Rio Tinto (RTP) gained ground. "The mining sector looks set for further gains following the sell-off seen last May when hedge funds sold the sector heavily,"  ...


Savers lose when it comes to rates
4 Sep 2006 source: thisismoney.co.uk

Jo Thornhill, Mail on Sunday4 September 2006 BANKS and building societies have again been quick to seize on the opportunity to increase their profits on the back of an interest rate move by the Bank of England. SHOCK RATE RISE: Alan Hamley and family OTHER STORIES A&L current account pays 6.1% The betrayal Revealed: The bank bonus game New on the market Check how you write cheques USEFUL SAVINGS LINKS EMAIL US: Contact the team GUIDES: Saving and banking DE ...


CORRECTION Hong Kong shares close higher led by large-caps after overseas gains ...
4 Sep 2006 source: iii.co.uk

HONG KONG (XFN-ASIA) - Share prices closed higher for the fifth straight trading day as investors bought select large-caps, including China Mobile, following gains on Wall Street and in Tokyo, dealers said. They said a drop in oil prices back below the 70 usd a barrel level also helped sentiment. The Hang Seng index closed up 90.16 points or 0.52 pct at 17,513.88, off a low of 17,476.60 and high ...


Hong Kong shares close higher led by large-caps after overseas gains - UPDATE ...
4 Sep 2006 source: iii.co.uk

HONG KONG (XFN-ASIA) - Share prices closed higher for the fifth straight trading day as investors bought select large-caps, including China Mobile, following gains on Wall Street and in Tokyo, dealers said. They said a drop in oil prices back below the 70 usd a barrel level also helped sentiment. The Hang Seng index closed up 90.16 points or 0.52 pct at 17,513.88, off a low of 17,476.60 and high ...


The betrayal
4 Sep 2006 source: thisismoney.co.uk

Stephen Womack, Mail on Sunday4 September 2006 LLOYDS TSB has reneged on its promise not to leave communities without a bank. Six years after pledging it would keep open branches where it was the 'last bank in town', it is now planning to shut a dozen such sites at the end of November. DEALING WITH DISASTER: Lucy Barber and Mike Shone, with Bob Flowers (centre), say customers at their deli tend to pay with cash and need plenty of change WANT TO KNOW MORE? BANK CHARGES: Get  ...


Revealed: The bank bonus game
3 Sep 2006 source: thisismoney.co.uk

Sascha Hutchinson, This is Money3 September 2006 SECRET documents leaked from two major banks show how bosses get their staff to sell big loans and the profitable insurance policies that go with them. BIG POINTS: Natwest staff can earn a quarterly bonus of £1,200 if they hit the right points WANT TO KNOW MORE? BANK CHARGES: Get yours back CAMPAIGN: Join our PPI campaign BLOG: Why we're campaiging OTHER STORIES GNER threat to dump franchise Market report: Frid ...


Workers suffer, move on as plant closes
3 Sep 2006 source: iii.co.uk

GREENVILLE, Mich. (AFX) - Close to the end, when there was only a little bit of light and movement left in the town factory, the small herd of cattle at the Becks' farm grew by a few head -- a winter surprise. The novice farmers had failed to notice the pregnancy and could not account for the calves' conception. The bull, left unroped the past spring, must have wandered. A rookie mistake. Th ...


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