Daily Finance UK http://www.dailyfinance.co.uk Daily Finance UK http://www.blogsmithmedia.com/http://www.dailyfinance.co.uk/media/feedlogo.gif Daily Finance UK http://www.dailyfinance.co.uk en-us Copyright 2010 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/'Self-employed musn't ignore pension'http://www.dailyfinance.co.uk/2010/03/20/self-employed-have-huge-pension-shortfall/http://www.dailyfinance.co.uk/2010/03/20/self-employed-have-huge-pension-shortfall/http://www.dailyfinance.co.uk/2010/03/20/self-employed-have-huge-pension-shortfall/#commentsFiled under: ,

Pic of man with head in handsSelf-employed 35-44 year olds have pension pots less than a third of the size of their employed counterparts.

According to new research from Standard Life, the average pension savings of a self-employed 35-44 year old are £24,5001, with half having pension savings of less than £3,500.

In stark contrast, the average 35-44 year old employed worker has a pension fund of £73,000, with half having built up a fund of £20,000.

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'Self-employed musn't ignore pension' originally appeared on Daily Finance UK on Sat, 20 Mar 2010 07:47:00 EST. Please see our terms for use of feeds.

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]]>Pensions shortfallPensionsShortfallSelf-employed pensionsSelf-employedPensionsDavid BurrowsSat, 20 Mar 2010 07:47:00 ESTSmall cap IPOs best bet for 2010http://www.dailyfinance.co.uk/2010/03/19/small-cap-ipos-best-bet-for-2010/http://www.dailyfinance.co.uk/2010/03/19/small-cap-ipos-best-bet-for-2010/http://www.dailyfinance.co.uk/2010/03/19/small-cap-ipos-best-bet-for-2010/#commentsFiled under: ,

Picture of company board members Many industry experts predicted that increased IPO activity would feature prominently throughout 2010.

IPO levels have indeed increased with some high profile companies - such as New Look and Travelport - trying to come to the market recently in an attempt to raise funds.

However, many have had to withdraw once the market made it clear it was not prepared to pay the valuations being asked for what appeared to be an exercise in paying down debt in over-leveraged private equity situations.

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Small cap IPOs best bet for 2010 originally appeared on Daily Finance UK on Fri, 19 Mar 2010 06:40:00 EST. Please see our terms for use of feeds.

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]]>IPOsSmall cap investingSmallCapInvestingDavid BurrowsFri, 19 Mar 2010 06:40:00 ESTBA shares hold despite looming actionhttp://www.dailyfinance.co.uk/2010/03/19/ba-shares-healthy-despite-looming-action/http://www.dailyfinance.co.uk/2010/03/19/ba-shares-healthy-despite-looming-action/http://www.dailyfinance.co.uk/2010/03/19/ba-shares-healthy-despite-looming-action/#commentsBritish Airways share price has held up well in recent months - surprising given its ongoing dispute with unions over pay and conditions.

The first three-day strike by cabin crew is due to begin on Saturday, with a second scheduled for 27 March. Talks remain ongoing but both sides remain tight-lipped over whether any meaningful progress has been made.

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BA shares hold despite looming action originally appeared on Daily Finance UK on Fri, 19 Mar 2010 05:06:00 EST. Please see our terms for use of feeds.

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]]>David BurrowsFri, 19 Mar 2010 05:06:00 ESTISA investors going green, says Co-ophttp://www.dailyfinance.co.uk/2010/03/19/isa-investors-going-green-says-co-op/http://www.dailyfinance.co.uk/2010/03/19/isa-investors-going-green-says-co-op/http://www.dailyfinance.co.uk/2010/03/19/isa-investors-going-green-says-co-op/#commentsFiled under: ,

Picture of fair trade worker picking teaGrowth in sustainable and ethical investment is set to accelerate this year after new research from Co-operative Investments revealed that 13% of investors are likely to go green with their ISA allowance.

The 13% figure might not seem extraordinary but it does signify a significant leap in interest in socially responsible investing

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ISA investors going green, says Co-op originally appeared on Daily Finance UK on Fri, 19 Mar 2010 04:15:00 EST. Please see our terms for use of feeds.

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]]>Dont MissdontmissEthical fundsEthicalFundsISAsDavid BurrowsFri, 19 Mar 2010 04:15:00 ESTChurch to pull the plug on top earnershttp://www.dailyfinance.co.uk/2010/03/18/church-to-pull-the-plug-on-top-earners/http://www.dailyfinance.co.uk/2010/03/18/church-to-pull-the-plug-on-top-earners/http://www.dailyfinance.co.uk/2010/03/18/church-to-pull-the-plug-on-top-earners/#commentsFiled under: ,

Man holding a pile of bank notesAn association of church groups is to change investment policy to exclude companies that reward top executives at the expense of other employees further down the chain.

The association which includes Roman Catholic and Anglican representatives has in the region of £12bn to invest in pension funds and other investments.

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Church to pull the plug on top earners originally appeared on Daily Finance UK on Thu, 18 Mar 2010 08:06:00 EST. Please see our terms for use of feeds.

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]]>Church investmentsChurch pension fundsChurchInvestmentsChurchPensionFundsDavid BurrowsThu, 18 Mar 2010 08:06:00 ESTPick of the early market newshttp://www.dailyfinance.co.uk/2010/03/18/pick-of-the-early-market-news/http://www.dailyfinance.co.uk/2010/03/18/pick-of-the-early-market-news/http://www.dailyfinance.co.uk/2010/03/18/pick-of-the-early-market-news/#commentsFiled under:

Syline view of the CityIt has been a memorable week for the FTSE. Despite only a modest rise on Wednesday it still closed on a record two-year high which reinforces the extent of the market recovery.

But of course there needs to be a bit of perspective here as the FTSE 100 is no longer a reflection of the UK economy - most of the largest companies are multi-nationals that actually report in dollar figures.

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Pick of the early market news originally appeared on Daily Finance UK on Thu, 18 Mar 2010 04:03:00 EST. Please see our terms for use of feeds.

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]]>Stock market reportStockMarketReportDavid BurrowsThu, 18 Mar 2010 04:03:00 ESTTime is running out for ISA investorshttp://www.dailyfinance.co.uk/2010/03/18/time-is-running-out-for-isa-investors/http://www.dailyfinance.co.uk/2010/03/18/time-is-running-out-for-isa-investors/http://www.dailyfinance.co.uk/2010/03/18/time-is-running-out-for-isa-investors/#commentsFiled under: , ,

Picture of pocket watchOnly 50% of savers in the UK have a cash ISA (individual savings account) and with the tax year ending at midnight on April 5, time is running out for those looking to make use of their 2009/10 allowance.

According to HSBC, in 2010, people across the UK are set to pay £9bn more in tax than they need to by not using their annual tax-free allowances..

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Time is running out for ISA investors originally appeared on Daily Finance UK on Thu, 18 Mar 2010 02:50:00 EST. Please see our terms for use of feeds.

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]]>in focusInFocusISA 2010 deadlineIsa2010DeadlineISAsDavid BurrowsThu, 18 Mar 2010 02:50:00 ESTPublic could save billions for NHShttp://www.dailyfinance.co.uk/2010/03/17/public-could-save-billions-for-nhs/http://www.dailyfinance.co.uk/2010/03/17/public-could-save-billions-for-nhs/http://www.dailyfinance.co.uk/2010/03/17/public-could-save-billions-for-nhs/#commentsFiled under: ,

Piles of bank notesThe 'worried well' are putting an enormous strain on the NHS by insisting on seeing a doctor for minor ailments such as coughs and colds, it has been claimed.

In a letter to The Times, a number of leading health professionals this week warned of the 'catastrophic impact' of this dependency. The letter argues that a change in public behaviour could reduce NHS costs by £10bn in five years.

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Public could save billions for NHS originally appeared on Daily Finance UK on Wed, 17 Mar 2010 10:18:00 EST. Please see our terms for use of feeds.

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]]>NHSSpending cutsSpendingCutsDavid BurrowsWed, 17 Mar 2010 10:18:00 ESTTime to deal with personal budget deficithttp://www.dailyfinance.co.uk/2010/03/17/time-to-deal-with-personal-budget-deficit/http://www.dailyfinance.co.uk/2010/03/17/time-to-deal-with-personal-budget-deficit/http://www.dailyfinance.co.uk/2010/03/17/time-to-deal-with-personal-budget-deficit/#commentsFiled under: ,

Man looking worriedly at set of figuresIt's not just the Government that can't balance the books: five million Brits spend more than they earn.

As the EU piles pressure on the Government to cut the public deficit, a poll commissioned by comparison site uSwitch.com reveals that consumers too have adopted a 'buy now, pay later' strategy, with 1 in 10 living beyond their means.

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Time to deal with personal budget deficit originally appeared on Daily Finance UK on Wed, 17 Mar 2010 07:23:00 EST. Please see our terms for use of feeds.

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]]>Balancing the household budetBalancingTheHouseholdBudetConsumer debt in 2010ConsumerDebtIn2010David BurrowsWed, 17 Mar 2010 07:23:00 ESTUK relief at EU hedge funds reprievehttp://www.dailyfinance.co.uk/2010/03/17/uk-relief-at-eu-hedge-funds-reprieve/http://www.dailyfinance.co.uk/2010/03/17/uk-relief-at-eu-hedge-funds-reprieve/http://www.dailyfinance.co.uk/2010/03/17/uk-relief-at-eu-hedge-funds-reprieve/#commentsFiled under: ,

Picture of Gordon BrownIt would seem the UK hedge fund industry has won a temporary reprieve with Gordon Brown and Alistair Darling managing to stall plans for tighter regulations on European hedge funds.

Spain, which is the holder of the European Union presidency, abandoned the issue in response to UK opposition. France and Germany however appear committed to an EU clampdown on hedge funds but then not surprisingly these countries would be far less affected since 80% of Europe's hedge fund industry is UK based.

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UK relief at EU hedge funds reprieve originally appeared on Daily Finance UK on Wed, 17 Mar 2010 06:25:00 EST. Please see our terms for use of feeds.

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]]>EU regulations on short tradingHedge fundsHedgeFundsDavid BurrowsWed, 17 Mar 2010 06:25:00 ESTPick of the early market newshttp://www.dailyfinance.co.uk/2010/03/17/pick-of-the-early-market-news/http://www.dailyfinance.co.uk/2010/03/17/pick-of-the-early-market-news/http://www.dailyfinance.co.uk/2010/03/17/pick-of-the-early-market-news/#commentsFiled under: ,

Software provider Playech, niche defence company Chemring and media stock Mecom Group were the notable companies reporting today.

Playtech the designer and licensor of software for the online, mobile and land-based gaming industry, saw its gross income rise 23% to €137.3m (2008: €111.5 million), reflecting first time income from associate, William Hill Online.

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Pick of the early market news originally appeared on Daily Finance UK on Wed, 17 Mar 2010 04:03:00 EST. Please see our terms for use of feeds.

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]]>ChemringMecomPlaytechDavid BurrowsWed, 17 Mar 2010 04:03:00 ESTWinter of discontent for SMEshttp://www.dailyfinance.co.uk/2010/03/16/winter-of-discontent-for-smes/http://www.dailyfinance.co.uk/2010/03/16/winter-of-discontent-for-smes/http://www.dailyfinance.co.uk/2010/03/16/winter-of-discontent-for-smes/#commentsFiled under: ,

Lloyds banking group logoBritish smaller and medium sized businesses (SMEs) are facing losses of more than £7bn from the worst Winter in decades, according to new research by Lloyds TSB Commercial.

As the impact of Britain's big freeze becomes clear, the research shows that 70% of small and medium sixed firms have been affected by the freezing conditions that have wreaked havoc across many parts of Britain.

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Winter of discontent for SMEs originally appeared on Daily Finance UK on Tue, 16 Mar 2010 07:18:00 EST. Please see our terms for use of feeds.

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]]>business losses in 2010BusinessLossesIn2010SMEsDavid BurrowsTue, 16 Mar 2010 07:18:00 ESTEquifax goes online with credit checkhttp://www.dailyfinance.co.uk/2010/03/16/equifax-goes-online-with-credit-check/http://www.dailyfinance.co.uk/2010/03/16/equifax-goes-online-with-credit-check/http://www.dailyfinance.co.uk/2010/03/16/equifax-goes-online-with-credit-check/#commentsFiled under: ,

Handful of credit cardsCredit reference agency Equifax is making its £2 Statutory Credit Report available online - it has been trialling this service since August 2009 with around one in five of requests for the Statutory Credit Report now being delivered this way.

The launch of the online facility comes hot on the heels of the Department for Business Innovation & Skills (BIS) introduction of new voluntary measures to improve people's access to credit files.

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Equifax goes online with credit check originally appeared on Daily Finance UK on Tue, 16 Mar 2010 06:34:00 EST. Please see our terms for use of feeds.

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]]>Online credit checksOnlineCreditChecksDavid BurrowsTue, 16 Mar 2010 06:34:00 ESTKraft face grilling over Cadbury pledgehttp://www.dailyfinance.co.uk/2010/03/16/kraft-face-grilling-over-cadbury-pledge/http://www.dailyfinance.co.uk/2010/03/16/kraft-face-grilling-over-cadbury-pledge/http://www.dailyfinance.co.uk/2010/03/16/kraft-face-grilling-over-cadbury-pledge/#commentsFiled under: ,

Dairy Milk barKraft Foods will be questioned over whether it intentionally misled Cadbury workers over plans to keep open the chocolate manufacturer's UK factory in Keynsham.

Kraft's vice-president Marc Firestone will face the House of Commons' Business Committee and will need to qualify the US food company's decision to continue with the closure of Cadbury's Keynsham factory despite pledging to keep it open during the sensitive takeover negotiations.

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Kraft face grilling over Cadbury pledge originally appeared on Daily Finance UK on Tue, 16 Mar 2010 04:52:00 EST. Please see our terms for use of feeds.

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]]>Cadbury takeoverCadburyTakeoverKraft GroupKraftGroupDavid BurrowsTue, 16 Mar 2010 04:52:00 ESTPick of the early market newshttp://www.dailyfinance.co.uk/2010/03/16/pick-of-the-early-market-news/http://www.dailyfinance.co.uk/2010/03/16/pick-of-the-early-market-news/http://www.dailyfinance.co.uk/2010/03/16/pick-of-the-early-market-news/#commentsFiled under: ,

pic of stock market screenThe FTSE rose slightly on opening today. In what was a fairly quiet morning for reports, financial company Close Brothers showed a fall in profits in its half year results to the end of January 2010.

Adjusted operating profit for the period was £62.5m (2009: £64.9 million), which represented a 4% reduction year on year.

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Pick of the early market news originally appeared on Daily Finance UK on Tue, 16 Mar 2010 04:09:00 EST. Please see our terms for use of feeds.

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]]>David BurrowsTue, 16 Mar 2010 04:09:00 ESTNew rules to help fight credit card debthttp://www.dailyfinance.co.uk/2010/03/15/new-rules-to-help-fight-credit-card-debt/http://www.dailyfinance.co.uk/2010/03/15/new-rules-to-help-fight-credit-card-debt/http://www.dailyfinance.co.uk/2010/03/15/new-rules-to-help-fight-credit-card-debt/#commentsFiled under: ,

Picture of wallet full of credit cardsThe government has introduced new rights to save credit card users millions of pounds and give people more control over their finances.

The Department for Business, Innovation and Skills has agreed five new rights for credit card users in an agreement with credit and store card companies represented by the UK Cards Association and the Finance and Leasing Association.

Continue reading New rules to help fight credit card debt

New rules to help fight credit card debt originally appeared on Daily Finance UK on Mon, 15 Mar 2010 13:01:00 EST. Please see our terms for use of feeds.

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]]>New credit card rulesNewCreditCardRulesDavid BurrowsMon, 15 Mar 2010 13:01:00 ESTNot all gloom for UK equity incomehttp://www.dailyfinance.co.uk/2010/03/15/not-all-gloom-for-uk-equity-income/http://www.dailyfinance.co.uk/2010/03/15/not-all-gloom-for-uk-equity-income/http://www.dailyfinance.co.uk/2010/03/15/not-all-gloom-for-uk-equity-income/#commentsFiled under: ,

FTSE market screenThe UK equity income sector offers good long-term potential despite a torrid time in recent years. Over-exposure to banks and insurance companies have worked to the detriment of many equity income funds dividends being cut savagely

But Graham Ashby, head of UK equities at LV= Asset Management predicts a renaissance for the sector over the next decade.

Continue reading Not all gloom for UK equity income

Not all gloom for UK equity income originally appeared on Daily Finance UK on Mon, 15 Mar 2010 12:25:00 EST. Please see our terms for use of feeds.

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]]>Equity income investingEquityIncomeInvestingLVDavid BurrowsMon, 15 Mar 2010 12:25:00 ESTTime to be bullish on outsourcing firmshttp://www.dailyfinance.co.uk/2010/03/15/time-to-be-bullish-on-outsourcing-firms/http://www.dailyfinance.co.uk/2010/03/15/time-to-be-bullish-on-outsourcing-firms/http://www.dailyfinance.co.uk/2010/03/15/time-to-be-bullish-on-outsourcing-firms/#commentsFiled under: ,

Picture of The Houses of ParliamentThere is the old saying that it's an ill wind that blows nobody any good.

And for outsourcing companies, this may well be true as government cutbacks could prove hugely beneficial.

The need to cut the nation's increasing debt burden will lead to a rush in outsourcing of back-office public services and drive excellent growth opportunities for companies in the support services sector.

This is the view of Paul McGinnis, head of research, at The Co-operative Asset Management.

He argues that regardless of which political party wins the forthcoming election, tackling the country's budget deficit will result in the outsourcing of public services on an unprecedented scale - in itself providing a huge opportunity for investors.

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Time to be bullish on outsourcing firms originally appeared on Daily Finance UK on Mon, 15 Mar 2010 07:37:00 EST. Please see our terms for use of feeds.

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]]>Government spending cutsGovernmentSpendingCutsOutsourcing companiesOutsourcingCompaniesDavid BurrowsMon, 15 Mar 2010 07:37:00 ESTFund Focus: Invesco Latin Americahttp://www.dailyfinance.co.uk/2010/03/11/fund-focus-invesco-latin-america/http://www.dailyfinance.co.uk/2010/03/11/fund-focus-invesco-latin-america/http://www.dailyfinance.co.uk/2010/03/11/fund-focus-invesco-latin-america/#commentsFiled under: ,

Dean Newman manager of Invesco Perpetual Latin American fundA trip to Brazil in July 2009 was enough to convince Dean Newman (pictured) that the long-term prospects for Latin America were extremely positive.

Newman, who manages the Invesco Perpetual Latin American fund insisted in an interview with IFA Partridge Muir & Warren that despite having felt the effects of the 2008 financial crisis, Latin America is a good place to be right now.

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Fund Focus: Invesco Latin America originally appeared on Daily Finance UK on Thu, 11 Mar 2010 02:30:00 EST. Please see our terms for use of feeds.

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]]>Brazil equitiesBrazilEquitiesLatin America fundsLatinAmericaFundsDavid BurrowsThu, 11 Mar 2010 02:30:00 ESTFSA publishes Financial Risk Outlookhttp://www.dailyfinance.co.uk/2010/03/10/fsa-publishes-financial-risk-outlook/http://www.dailyfinance.co.uk/2010/03/10/fsa-publishes-financial-risk-outlook/http://www.dailyfinance.co.uk/2010/03/10/fsa-publishes-financial-risk-outlook/#commentsFiled under: ,

FSA logoThe Financial Services Authority (FSA) has published its Financial Risk Outlook (FRO) outlining the main risks and issues present in its operating environment, affecting firms, markets and consumers.

This year's FRO is divided into four sections:

Macroeconomic background and outlook looks at how fiscal and monetary policy support has limited the scale and duration of the global recession, and the future impact of its removal;

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FSA publishes Financial Risk Outlook originally appeared on Daily Finance UK on Wed, 10 Mar 2010 11:11:00 EST. Please see our terms for use of feeds.

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]]>Financial regulationFinancial RiskFinancialRegulationFinancialRiskFSADavid BurrowsWed, 10 Mar 2010 11:11:00 EST