investment

Clerical Medical has announced it is shutting its doors to new group pension business again from April 16th, 2007.

The asset allocation of with-profits funds should be the focus of reviews by advisers as changes may mean the current mix is not what either they or the client may anticipate.

Interest rates would have to rise to 8.5% before borrowers start to feel the same level of financial strain as experienced in 1990, claims Alliance & Leicester.

Parents who continue to fund their children well into adulthood could be risking their own future by not putting enough away for retirement, warns GE Life.

Clerical Medical are launching three new newly designed trust propositions following the changes to the taxation rules on trusts in last year's Budget.

Only having one default fund for personal accounts could leave the government open to the risk of being blamed when things go wrong, warns pension experts.

IFAs should ignore concerns about the headline inflation rate when making fixed interest investment recommendations as this has little impact on bond yields and returns, says Fidelity.

Prudential has launched the first with-profits annuity which can be purchased with protected rights funds, following negotiations with the Department for Work and Pensions.

Analyst upgrades to Lloyds TSB have helped the FTSE gain some 26 points to 6,343 this morning.

Johnson Matthey, the specialist supplier of platinum for catalyst systems, has helped the FTSE put on about 2 points to 6,312 this morning.