Independent Advisors at Schwab Institutional's Impact(R) Conference Forecast Strong Economic Growth

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Safecharge International Group Limited	LSE:SCH	London	Ordinary Share	GG00BYMK4250	ORD USD0.0001

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SEATTLE, Sept. 28 /PRNewswire/ -- Most independent investment advisors who advise the affluent are forecasting significant to moderate growth for the economy (73%) over the next two years, with 58% predicting stock market returns of 5-10 percent in 2006. When it comes to their own growth prospects, however, more than 78 percent of those surveyed expect from 10-35 percent growth in 2006, according to a survey conducted this week at the 15th annual IMPACT conference, hosted by Schwab Institutional. Schwab Institutional, a leading provider of custodial, operational and trading support for independent fee-based investment advisors, surveyed advisors during IMPACT, one of the largest annual gatherings of independent investment advisors in the nation. Among advisors' economic views: -- Nine out of 10 advisors expect the stock market to rise in 2006, but 78 percent forecast less than 10 percent returns. -- Some 84 percent of advisors expect energy prices to have the greatest impact on economic growth in the next two years; conversely, terrorism and Hurricane Katrina were viewed as having little or no impact on the economy. -- More than 65 percent of advisors feel that interest rates would be among the top concerns of their clients in the coming year. "It's clear that independent investment advisors have a positive outlook for the economy, but they are even more bullish about their businesses in the year ahead," said Ann Simon, vice president of Schwab Institutional. "Our goal is to help them be smarter, grow faster, and take their clients and their businesses to new heights." When looking at their businesses: -- Advisors cited generating positive returns (70%) and adequately meeting retirement needs (70%) as top concerns for their clients. -- Retaining clients and growing their client base were named as the top business challenges for advisors in the year ahead (77% and 71% respectively); improving profitability was seen as very important by 55 percent of advisors. -- Although the advisor population is aging, 40 percent of advisors surveyed said planning for transition/succession was not a top business challenge for them right now. About Schwab Institutional Schwab Institutional, a division of Charles Schwab & Co. Inc., is a leading provider of custodial, operational and trading support for independent fee-based investment advisors. Client assets custodied with Schwab Institutional increased 18 percent to $365 billion between June 30, 2004 and June 30, 2005. These assets, managed by the approximately 5,000 independent advisor firms Schwab Institutional serves, represent approximately one-third of total customer assets custodied with The Charles Schwab Corporation as of June 30, 2005. About Charles Schwab The Charles Schwab Corporation (NYSE / Nasdaq: SCH), through its operating subsidiaries, provides securities brokerage and financial services to individual investors and the independent investment advisors who work with them. With over 7 million individual investor accounts and more than $1 trillion in client assets, The Charles Schwab Corporation is one of the nation's largest financial services firms. Its subsidiary Charles Schwab & Co., Inc. (member SIPC) provides a complete range of investment services and products, including an extensive selection of mutual funds; financial planning and investment advice; retirement plans; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent fee-based investment advisors through its Schwab Institutional division. Its subsidiary Charles Schwab Bank (member FDIC) provides banking and mortgage services and products. The corporation's other operating subsidiaries include U.S. Trust Corporation (member FDIC) and CyberTrader(R), Inc. (member SIPC) .These companies' Web sites can be reached at http://www.schwab.com/, http://www.schwabbank.com/, http://www.ustrust.com/, and http://www.cybertrader.com/. (0905-1874) DATASOURCE: Charles Schwab CONTACT: Alison Wertheim of Charles Schwab, +1-415-636-5812, or ; or Tyler Bradford of Makovsky & Co., +1-212-508-9637, or , for Charles Schwab Web site: http://www.schwab.com/

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SCH Safecharge International Group Limited