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The FTSE 100 index began life in January 1984 at a base level of 1000.0. The last three months, ending on 30 September, have seen the index rise by 20.8%, its best quarterly performance since launch. It is not the best ever performance of the UK stock market, which records suggest was the first three months of 1975.

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The headline on the front of most morning paper this week says"Retire at 66 under Tories", This is a political year alright and it seems that cutting the state pension is up for saving the nation from financial oblivion.

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Child trust funds (CTF’s) were introduced by this government in 2005 but backdated for children born on or after September 1, 2002, with the aim of boosting long-term savings for children.

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During last week’s TUC conference the TUC released a paper entitled ´Decent Pensions for All´. The paper makes the case for maintaining the current defined benefit pension (final salary/ superannuation)schemes in the public sector.

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Nine out of ten defined benefit pension schemes, or 87 per cent, are closed to new members, the latest survey by the Association of Consulting Actuaries has found.

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THE FINANCIAL SERVICES AUTHORITY DOES NOT REGULATE SOME ASPECTS OF TRUST AND TAXATION ADVICE.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED UPON IT.


The guidance and advice contained within these article are subject to UK regulatory regime and are therefore primarily targeted at customers based in the UK.


ARK Financial Planning Limited is authorised and regulated by the Financial Services Authority.
ARK Financial Planning Limited
Independent Financial Advisers.
18-20 Stamford Street, Stalybridge, Cheshire, SK15 1JZ.
Tel: 0161 303 9977,
Fax: 0161 303 8499,
E-Mail: answers@arkfp.co.uk.
Registered in England: No. 4975240.
Registered Office:
14 Warrington Street, Ashton-under-Lyne,
OL6 6AS.

THE FINANCIAL SERVICES AUTHORITY DOES NOT REGULATE SOME ASPECTS OF TRUST AND TAXATION ADVICE.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED UPON IT.


The guidance and advice contained within these article are subject to UK regulatory regime and are therefore primarily targeted at customers based in the UK.


ARK Financial Planning Limited is authorised and regulated by the Financial Services Authority.
ARK Financial Planning Limited
Independent Financial Advisers.
18-20 Stamford Street, Stalybridge, Cheshire, SK15 1JZ.
Tel: 0161 303 9977,
Fax: 0161 303 8499,
E-Mail: answers@arkfp.co.uk.
Registered in England: No. 4975240.
Registered Office:
14 Warrington Street, Ashton-under-Lyne,
OL6 6AS.

THE FINANCIAL SERVICES AUTHORITY DOES NOT REGULATE SOME ASPECTS OF TRUST AND TAXATION ADVICE.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED UPON IT.

The guidance and advice contained within this website are subject to UK regulatory regime and is therefore primarily targeted at customers based in the UK.
ARK Financial Planning Limited is authorised and regulated by the Financial Services Authority.
ARK Financial Planning Limited - Independent Financial Advisers.
18-20 Stamford Street, Stalybridge, Cheshire, SK15 1JZ. Tel: 0161 303 9977, Fax: 0161 303 8499, E-Mail: answers@arkfp.co.uk. Registered in England: No. 4975240. Registered Office: 14 Warrington Street, Ashton Under Lyne, Tameside, OL6 6AS
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