Savers are increasingly relying on the internet as their first point of call for financial advice.
Fidelity International said demand for web-based financial advice is on the increase, and is set keep on rising.
Research by the group found 15% of British investors base their investment decisions solely on the websites of financial product providers.
“The web is [...]
Putting aside small amounts of money into a savings account quickly adds up, Fidelity International has claimed.
The group calculated that saving £50 a month into a fund with 6% annual growth could add up to over £7,500 in ten years, and nearly £38,000 after 30 years.
“A monthly investment plan can be a good way to [...]
A survey by accountancy firm PricewaterhouseCoopers (PwC) has revealed more worrying news for the retirement prospects of Britons.
The survey by PwC, which polled 1,000 companies, established that 55 respondents are considering freezing their final-salary pension scheme for existing members within the next five years.
It appears the trend is growing after banking giant Barclays announced [...]
New research has unveiled that in order to live a comfortable retirement, Britons may find themselves working until they are 77 years of age.
According to fund management group, Fidelity International, those depending on company pensions, linked to stock market growth, will need to top up their pension considerably if they wish to retire at the [...]