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Recipe for disaster

A City of London solicitor has written two books – The Boys&#39 and The Girls&#39 Guide to Wealth – in an effort to make financial management more accessible. The author has decided to approach the girls&#39 guide with a dieting metaphor: “As with a diet, the more closely you follow the guidelines, the more money you will save.”

Well, Diary readers, if our experience of dieting is anything to go by, there will be a long period of saving followed by plenty of spending on pies before you can say fish and Sipps or bacon wraps.


New life provider Just Retirement to offer enhanced annuities and equity release

A new specialist at-retirement life office headed by former Britannic Retirement Solutions chief executive Mike Fuller is being launched this week. Called Just Retirement, the new provider will focus on enhanced pension annuities and equity release schemes. Fuller says: “We do not want to be just another financial services company. We are committed to outstanding […]

Legal & General – Capital Protection Plus 6

Type: Guaranteed equity bond Aim: Growth linked to the performance of the FTSE 100 index Minimum-maximum investment:£500-no maximum, Isa £7,000 Term: Six years Return: The greater of 26% of original investment or 50% growth in index Guarantee: Original capital returned in full along with 26% growth at end of term Closing date: October 22, 2004 […]

Pru cuts bond link with Abbey

Prudential and Abbey have terminated a distribution agreement following disappointing sales. Prudential signed a four-year deal with Abbey in January 2003 to sell the Prudence bond through its 756-branch network. Prudential spokesman Steve Colton says the move will have minimal impact on the provider&#39s with profits sales, as partnership sales represented 1 per cent of […]

Bubbly loses its fizz

I will retire later this year when I reach 65 and have heard that through the use of stakeholder pensions I could get a guaranteed return of nearly 10 per cent on my money with apparently no strings attached. Such a level of interest sounds very attractive as at present I am getting less than […]


Almost nine in 10 employers admit failings with post-DRA compliance

The default retirement age (DRA) was abolished more than three years ago, yet new research from Jelf Employee Benefits suggests that the vast majority of employers still have some way to go to fully understand, comply and communicate the landmark legislation change that prevents older employees being forcibly retired on the grounds of age alone.


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