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Research by Defaqto revealed more than a third of those entrusted with client's assets for stock market speculation use a platform for 76 to 100 per cent of their business, with the same proportion also using the vehicles for pensions work.
And a free stock market seminar could eliminate the need for expert advice when it comes to share buying and selling, as it might teach people how to make savvy investment choices and thereby cut out the middle man.
Financial data released today (August 11th) by the Bank of England dragged the FTSE 100 index down 1.6 per cent, as trader confidence dipped in the face of fears regarding economic recovery.
Reuters reports banks were the worst affected by the news, with Lloyds Banking Group, Barclays and the Royal Bank of Scotland all falling between three and 3.6 per cent in the morning session.
Posted by Greg Secker
