June 11th 2009
Categories:
401K,
Checking & Savings,
Financial,
Financial Education,
Financial Information,
Financial Services,
IRA,
ISAs,
Investment,
Money,
Retirement
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Retirement savings have dwindled significantly over the past 18 months. The median rate of return on 401k balances was negative 28.3% in 2008 according to a study by human-resources consulting firm Hewitt Associates. The average 401k balance dropped from $79,600 at year-end 2007 to $57,200 at the close of 2008.
In ...
The new Prudential survey found that over two-fifths of advisers (43 per cent) said they are either not that confident or not at all confident, that their clients' retirement planning is on course, compared to just a third (34 per cent) who said they are either reasonably confident or very ...
According to the latest NS&I Quarterly Savings Survey, much of the British population is failing to make the most of money saved on household bills and outgoings during the summer months as the increased sunshine makes them forget their budgets.
More than two-fifths (42%) of Britons think they spend less on ...
The new Barclaycard 13th Annual Commercial Business Travel Survey has highlighted a worrying trend that employees might not be as prudent with managing their own business travel expenses as they perhaps should be. Thirty two per cent of the business travellers surveyed stated that they fail to claim back all ...
Experian, the global information services company, has announced that LendProtect UK Limited will implement Bank Wizard Absolute - Experian’s real-time bank account verification service.
LendProtect provides credit risk management and identity verification services for short term consumer lenders. The deal with Experian will see LendProtect integrating Bank Wizard Absolute to enhance its ...
Prudential UK is set to improve the service delivery offered to advisers in the Defined Contribution (DC) pension market with the roll-out of a newly enhanced systems platform. The platform will introduce improved delivery capability and functionality for both new and existing clients and is a clear sign of Prudential's ...
The number of bicycles being pedalled on Britain's roads this summer looks set to increase, according to various accounts. The reasons for this expected rise are numerous: for starters, the weakness of sterling against the euro and the dollar has meant that Brits are holidaying at home instead of abroad ...
If the outbreak of swine flu has proven anything, it's that healthcare systems in Western countries - despite all their flaws - are generally better prepared to deal with such pandemics than their poorer counterparts in Africa, Latin America and parts of Asia. Moreover, whilst the British government may be ...
The first five months of 2009 have been filled with surveys from the travel sector predicting that the number of Brits holidaying at home due to the pound's weakness against the euro and the dollar, will skyrocket this summer. Sainsbury's Finance, for example, recently said that caravan holiday bookings are ...
The call comes shortly after Tesco Insurance announced it was launching new levels of health cover in response to a customer survey asking for greater flexibility towards private medical insurance. The insurer revealed that it would be adding three new cover options to its list of health insurance products: Operations and Procedures, ...
The NS&I sponsored Grow Your Own campaign is to showcase three gardens f r o m 10 June in Birmingham.
For the second year, three unique and visionary garden designs have been selected to be displayed at the BBC Gardners' World Live event. The designs all feature modernity, sustainability and growing fruit and ...
New figures compiled by traffic specialists Accident Exchange show that the number of accidents caused on British roads by foreign juggernauts has increased in the twelve months to the end of February 2009 by 10%. The total number of accidents involving foreign lorries in the UK is about 9,000, but ...
The winner, a gentleman from Surrey who wishes to remain anonymous, became ERNIE's 233rd Premium Bond millionaire. He said of the win: "When Agent Million knocked on my door and told me that I'd won the jackpot I thought it was a practical joke! I'm still in shock but once ...
If you're attempting to make savings on your household's monthly expenditure, large outgoings such as car insurance payments can seem like a major drain on your resources. In fact, a recent Sainsbury's Finance survey found that 579,000 people had reduced or cancelled their car insurance cover over the last year ...
Unlike in the United States, people in Britain very rarely think of health insurance as an essential outgoing thanks to the National Health Service (NHS), one of the world's pioneers in the provision of social health care. However, as strains on the NHS grow across the country in the form ...
As a recent study from SimplyHealth indicates that people in Britain are struggling with the cost of dental care, Insurancewide - a leading UK insurance comparison site - is urging people to turn to health insurance as a way of reclaiming this expense.
According to the Simplyhealth Annual Dental Survey released ...
Bankrx.com has released RxIndex, a reliable and accurate measure of financial health of banks. The index is percentile ranking of the vitality and robustness of a given bank’s financial health banks with respect to the banks nationwide. The scoring is based on a number of macro and micro economic data. RxIndex can be ...
