Mike Morrison looks at how the US approach to retirement income limits differs from the UK.
Mining stocks led a drop in the FTSE 100 today as falling commodity prices weighed on shares.
Analysts at the Bank of America Merrill Lynch have tipped the FTSE 100 to rise to 7,400 next year, citing the strengthening economy and an accommodating central bank as reasons why stocks can reach such highs.
The economy is "turning a corner", Chancellor George Osborne is expected to say later today.
As the search for income continues, many investors are turning to alternatives, with car parks becoming increasingly popular.
From Japan to the US via Europe and the UK, L&G Investments' multi-managers Tim Gardner and Alan Thein give their views on the global investment landscape.
The UK economy grew by 0.7% in the second quarter of 2013, a higher than previously estimated figure, according to latest figures from the Office for National Statistics.
The FTSE 100 has shed 40 points in early trading to move back towards the 6,400 mark, compounding losses suffered in recent days.
Experts are warning that the end could be nigh for ‘zombie' companies, which are kept alive by lenient creditors but are too weak to invest or expand.