British
pension funds have lost 5 per cent to 6 percent of their value in five days
about three weeks ago, as fears over the impact of coronavirus sent stock
markets tumbling around the world.
Extra-smart
Nigerians are getting shares of the new Lagos by acquiring plots, acres and
hectares of land at Ibeju Lekki . What are you waiting for? Click: http://www.tectono-business.com/2019/07/have-share-of-new-lagos-by-investing-in.html
Before
now, employees who were about to retire were looking at their pension
statements with some confidence after share prices had hit record highs around
the world. Shares in the US tech stocks, in which many UK pension funds are
invested, had seemingly been on an ever-upward trajectory.
However,
after a week in which global stock markets plunged and predictions that the
outbreak could match the financial crash of 2008, imminent retirees are facing
a far less certain future, than even a week ago.
Have
you heard that Landwey is giving out plots of land at URBAN PRIME TWO ESTATE at
Abraham Adesanya Roundabout, Ajah, Lagos? You can get yours by calling:
08067876251. For details, click: http://www.tectono-business.com/2020/02/urban-prime-two-estate.html
Someone
in their early 60s with a typical pension pot of around £250,000 has seen its
value fall by around £13,000 in five days. Wealthier workers who have
accumulated a £1m pot are facing a £50,000-plus loss.
Pension
funds typically have 60 per cent to -70 per cent of their investments in stock
markets with the rest held in bonds, property, cash and other investments.
Have
you thought about having a 5-Bedroom Apartment with Penthouse and Indoor
Swimming Pool near Pan Atlantic University?
For details, click: http://www.tectono-business.com/2019/08/have-you-thought-about-having-5-bedroom.html
Also
about three weeks ago, 11 per cent fall in the value of shares in London and an
8 per cent fall in New York and other markets around the world, have resulted
in the equivalent loss of value to pension funds.
Investment
firm, Hargreaves Lansdown, said over
the first four days of this week one of the UK’s most popular funds managed by
Scottish Widows was down more than 4 per cent.
Wow!!!
Have you discovered where CEOs and top managers take their vehicles to for body
work, painting with Sikkens paint and oven baking? It’s GOF AUTOS LTD. For
details, click: http://www.tectono-business.com/2017/06/gof-autos-limited-best-automobile.html
Employees
logging into Legal & General’s default pension scheme were looking at a 4.6
per cent fall in their fund’s value. Another popular fund, Vanguard’s
LifeStrategy 60 per cent Equity Fund, was similarly down 4.8 per cent, compared
with just a week ago. Pension funds can take several days to revalue following
big share price shifts. (The Nation)
No comments:
Post a Comment