Finance in the News – w/c 12.04.21

Short summaries of recent articles we think you will find useful from some of the UK’s broadsheets.

FINANCIAL TIMES

“Your pension, your risk, your choice”
How much can you draw from your pension without risking your retirement?
“Pressure mounts on tech giants to curb online pension scams”
Minister calls for crackdown following multiple fraud bids via Google and other popular sites.
“Nest seeks lower PE fees in return for regular capital allocations”
UK’s largest workplace pension scheme refuses to pay the ‘two and 20’ model charged by buyout groups.
“Vulnerable relatives: don’t take shortcuts with their finances”
No substitute for a Lasting Powers of Attorney, even when it’s hard to do under lockdown.
“Seeing red: tricky times in the markets”
Savers should not to let emotions cloud their judgments as they digest conflicting information.
“Historic pandemics data provide warning for owners of capital”
Bad news for rich people but records show natural rate of interest declines for decades.

THE TIMES

“Why you may not be receiving the full state pension”
Your retirement fund may not be quite as healthy as you expect. The Times explains why.
“FTSE 250: you may not be too late to bet on the surging 250”
Britain’s medium-sized companies are booming. In the past week the cruise company Carnival, the food company SSP, which owns Upper Crust, and the casino operator Rank have climbed more than 10 per cent. They are part of the FTSE 250, which has hit a record high after climbing 63.6 per cent since last March, fuelled by the easing of lockdown.
“Cheque again — a tenth of tax rebates sent by post aren’t cashed”
A startling number of taxpayers are failing to claim their refunds.

THE TELEGRAPH

“Money Makeover: ‘Can I retire with a £100k pension and a buy-to-let property?”
Case study looking at someone who wants to retire in three years but cannot work because of the pandemic.
“The best cautious and aggressive British funds taking all the right risk”
Crucial to a fund’s performance are the returns it generates relative to the risks it takes.
“Number of landlords selling up hits seven-year low”
But those who did sell received £82,450 more than they originally paid for the property.

THE GUARDIAN / OBSERVER

“Your new (tax) year resolution – give your finances a spring clean”
The new financial year started last week and there’s no better time to take stock of all your investments.
“House price rises and how long to fix a mortgage”
Q&A for first-time buyers.

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