Global Investments
International Limited

	July 2006 - Issue 55	Previous Issues
The Global Investor is a monthly newsletter that covers global investment opportunities and insurance for the expatriate community. This monthly newsletter's goal is to inform the reader of what can and cannot be done in the investment arena when living and working in a foreign country. Whether it's personal pension plans or disability insurance to protect your income - Global Investments has the expertise to handle all the expatriate investors' needs.
SURVEY: FEWER BRITONS SAVING IN 2006... London - The proportion of Britons saving enough money for old age fell sharply in 2006 from a year ago, suggesting citizens have not acted on worries about creaking pensions, according to a recent Scottish Widows survey. The polling organization YouGov carried out a poll for Scottish Widows, the life insurance arm of Lloyds TSB, surveying 5,806 people between March 16 and 22. The percentage of people saving adequately for retirement fell to 46% from 55% in the previous year, while the savings ratio measure dropped to 5.8% from 7.9%. The survey found that people working for large firms - measured as having more than 1,000 staff - accounted for 51% of citizens making adequate saving. Some 67% of adequate savers are men. There was a large rise in the number of Britons making no savings at all, rising to 28% from 17% a year before. More respondents to the poll said they did not know what their main income source in retirement would be, with 23% taking this view in 2006, up from 12%. Concerns about meager savings have prompted the government to propose sweeping legislation, including automatically enrolling staff into a national saving system and raising the age that citizens can collect a state pension. REUTERS Please contact Global Investments for more information on Tel. (+66-2) 662-2009 or e-mail at info@globalinv.org.