MT Financial News - October 2010

From time to time, we produce information for clients on a number of topical and important issues, some of which can be found below:

Greater protection for savers

Proposals which would enable savers to receive greater compensation if their banks collapsed are set to come into force from 31st December 2010, following new European legislation.

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Many retirees miss out on annuity boost

With over 1,500 conditions counting towards an enhanced or impaired life annuity, the General Lifestyle Survey by Just Retirement has found that around 60 percent of those who retire when they reach 60 could qualify.

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