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Savings News

Morrisons kicks-off price war with £1bn in supermarket price cuts

A price war started by Morrisons has dealt a £1.3 billion blow to the value of listed supermarkets. Shares in Morrisons company stock dipped 8pc after the company, which has been enduring hardship, disclosed its intention to slash prices.
In the Media by Nicole Weddington

Rock-bottom rates convert German savers to spending

After diligently setting aside his earnings for years, Sebastian decided last year it was time to splurge.
In the Media by Michelle Martin (Reuters)

Golden years a pipe dream, says HSBC study

A significant percentage of respondents polled in 15 countries expect never to fully retire, according to an HSBC study released on Friday.
In the Media by Gene Kosowan - 1 comment

Op-Ed: Should people be forced to save for retirement?

Ottawa - In Canada, the United States and elsewhere across the globe, the citizenry lives in a society of mandates, force and coercion.
In the Media by Andrew Moran

Argentines protecting savings by buying gold amid 26% inflation

Buenos Aires - Over fears of the astronomical 26 percent inflation rate could hurt their wealth, savers in Argentina are turning to gold as a safe haven. It has been reported that Argentines are buying more gold than ever before.
In the Media by Andrew Moran - 4 comments

Poll: 60% of Canadians plan to save this year, but many will fail

Toronto - A new poll found that Canadians are planning to put money away in their nest egg, but the probability of that taking place is quite low. Most respondents said they will put money into their RRSP, Tax-Free Savings Account (TFSA) or both. Can it be done?
In the Media by Andrew Moran

BMO poll: Canadians saving more for luxury than retirement

A new poll reveals that Canadian households are planning to save more of their hard-earned money this year, but not for retirement.
In the Media by Veronica Silva Cusi - 3 comments

Nearly half in U.S. lack financial safety net

A study released by the Corporation for Enterprise Development finds that almost half of all American households "are living on the edge of financial collapse" due to having little savings to fall back on should they suffer an income-depleting emergency.
In the Media by Kay Mathews - 6 comments

Op-Ed: Just what does a Personal Financial Trainer do and who needs one? Special

Toronto - Just what is a Personal Financial Trainer, who would use or need the services of a Personal Financial Trainer and why is it needed and different from the many financial services available to the masses in 2012?
Digital Journal Report by Elizabeth Parker - 2 comments

26% of Canadians expect bonus, most plan to save or pay off debt

Toronto - Will you be expecting an annual year-end bonus from your company in the coming weeks? A new poll suggests that only a small number of Canadian workers are anticipating a monetary bonus at the end of the year.
In the Media by Andrew Moran
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What Will Happen to My Euros?

Investors have lost confidence in the political leadership of the Eurozone: in their commitment to the project, their...
Dec 14, 2011 by Sam Vaknin


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