Annuity "rout" : This--28 Mar 2014 10:27
Is a " rout" we have come to see with banks and their ppi mis-doings and mortage companies with their endowment mis-selling a few years ago . This will impact on Funds and Investment Trusts who have these companies in their portfolios as "core holdings" !! I think i shall just close my eyes and not open them until september (lol) --- I hope that Fund managers see this as i do , and buy on the pull-backs , as these are still fundamentally "sound investment " companies , just going thru' a bit of a sticky "situation " ----GLA ( we are going to need it , short-term at least ) ----