A guaranteed gamble

Article Abstract:

Derivatives have attracted extensive negative publicity recently, and this is deterring some investors. In fact, these financial instruments can be a good way of gambling on profits or protecting against losses when stock or bond markets show uneven and unpredictable performance. There are some risks associated with derivatives, and it is vital that a potential investor is aware of this before going ahead. There is a range of products available, including Legal and General's Election Bond, which places most of the money on deposit to accumulate, with the rest being used to buy options.

Author: Drewett, Michael
Analysis, Derivatives (Financial instruments)

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First check the adviser

Article Abstract:

New UK government regulations will make it obligatory for anyone working as a financial adviser after Jul 1997 to hold a recognised qualification. In most cases, this will be the three basic stages of the Financial Planning Certificate. Basic examinations do not give a financial adviser extensive knowledge, but they do at least ensure that advisers are aware of their limitations. Anyone seeking the services of a financial adviser would do well to check first with IFA Promotions, which operates a hotline giving details of local financial advisers.

Author: Drewett, Michael
Standards, Investment advisers

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Check out the supermarket saver

Article Abstract:

There are still some areas of uncertainty about the UK government's planned Individual Savings Accounts (ISAs). It is likely that these will be made available largely in the form in which the government originally envisaged, with individuals being allowed to invest up to 5,000 pounds sterling a year. The government has assumed that supermarket chains will be fully involved in offering ISAs, but in fact they have reservations about them. This may mean that the government's aim of attracting a whole new group of savers is not achieved.

Author: Drewett, Michael
Commercial Banks, Commercial Banking, Consumer Savings, Planning, Savings accounts

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