The pensions industry is well known for its insatiable appetite for savers ' money and its attempts to part us from it. |
Not surprisingly, financial advisers are encouraging savers to invest in equity-based products. |
The function of financial intermediaries is to act as middlemen between savers and investors. |
Inflation reduced the debts of all borrowers, including the state, companies, and farmers, at the cost of creditors, savers, and banks. |
Stock markets have plummeted, sharply reducing investment returns both for savers and pension funds over the past two years. |
Today, such arrangements are coming under an increasing amount of scrutiny by savers and the media, and quite rightly so. |