Dear Editor, The FTSE-100 has started the year in spectacular fashion - spectacularly bad that is. Already 2008 has seen the worst one day fall since 9/11 with the FTSE losing 5.5% on 21st January. Stock markets around the world are falling on fears of a US recession. Of course it may all be a blip and stock markets will recover in the long-run. That however is no comfort for many people. Those clients who are close to retirement and relying on the stock market to deliver growth in pension savings cannot afford a year of volatility and sliding stock markets. Savers who have to take ...
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