Friday, May 15, 2009

Thoresen plays down 81% fall as Aegon looks to long term - Scotsman.com Business

Thoresen plays down 81% fall as Aegon looks to long term - Scotsman.com Business: "Thoresen said the fall was due to the effects of customers consolidating their pension pots, which are smaller due to poorly-performing markets. Market volatility was also discouraging investors"

Also due to life offices pilfering the with profit funds, a sure way of "discouraging investors", and Independent Financial Advisers for that matter, and they do matter a great deal.

Evan Owen
The IFA Defence Union
www.ifadu.co.uk

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