Finance in the News – w/c 16.03.20

Share

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

FINANCIAL TIMES

“Pandemic policies: Rishi Sunak’s first Budget and a cut in the base rate”
Surprise measures on pensions and investing for children lay in the chancellor’s red box.
“Active funds have the edge on passives in week of turmoil”
Index funds suffer from higher exposure to the energy sector.
“Budget 2020: What it means for your money”
Pensions taper, taxes and interest rates: how today’s policy changes will impact your personal finances.
“Budget 2020: Junior ISA allowance to double”
New limit is ‘pie in the sky’ for most families, warn analysts.
“Patience is the best tonic for my portfolio”
Fevertree is my latest purchase — but why didn’t I hold on to Avon Rubber?
“Inhuman rights weigh on the leasehold system”
Law Commission needs to tackle the feudal system of charges.

THE TIMES

“Billions flow out of ‘fireproof’ absolute return funds”
They were supposed to always deliver a profit but absolute return funds are in trouble, say Ali Hussain and Mark Atherton.
“Stock market crash alerts ‘will panic investors into selling”
If you have received a message from your wealth management firm telling you about a big drop in the value of your investment portfolio, you might be wondering why. These messages are the consequence of rules introduced in 2018 that are being tested for the first time as coronavirus panic sends stock markets into free fall.
“Coronavirus: tax tips for working from home”
The taxman could come to your aid if Covid-19 forces you out of the office.

THE TELEGRAPH

“Will coronavirus affect my pension, savings and investments? A guide on what to do with your money”
The pandemic triggered the third worst week for the British stock market – Telegraph Money has attempted to answer the burning questions.
“Working from home: you could be short-changed when returning rail season ticket”
Commuters trying to return season tickets may be disappointed by the refunds they receive – if they get one at all.
“’Huge mistake’ as entrepreneurs’ tax relief slashed by 90%”
The lifetime limit on Entrepreneurs Relief has been cut from £1m of tax savings to £100,000.

THE GUARDIAN / OBSERVER

“Coronavirus outbreak – how will it affect my rights, pay and debts?”
In a crisis with more questions than answers, many worry how they’ll cope. The Guardian look at the personal finance issues.
“My wife and I still work – what mortgage should we get?”
Case study assessing what to do if you already receive two pensions and are due a third and are thinking of going for a lifetime mortgage.

Articles on this website are offered only for general informational and educational purposes. They are not offered as and do not constitute financial advice. You should not act or rely on any information contained in this website without first seeking advice from a professional. Capital is at risk; investments and the income from them can fall as well as rise.

You are now departing from the regulatory site of Finura. Finura is not responsible for the accuracy of the information contained within the linked site.

Source: https://www.techlink.co.uk/

Share

Other News

Six Ways To Use Your Money For Good

There are multiple ways to make a positive social impact with your money. Here are six of the most common that you may wish to consider, that your Finura financial planner can help you to implement.

Stamp Duty Land Tax – Higher Rates For Additional Dwellings

Stamp Duty Land Tax (SDLT) rates for additional residential properties have been increased from three percentage points above the standard residential rates of SDLT to five percentage points above the standard residential rates of SDLT for any transactions which take place on or after 31 October 2024.

Below is a summary of the rates which applied from 23 September 2022 – 30 October 2024 to additional properties versus the new rates with effect from 31 October 2024.

Lifestyle Modelling: The Crystal Ball for Your Financial Future

Have you ever found yourself asking “When can I afford to retire?”, “Can I afford to leave a legacy for my loved ones?”, “How much do I need to be saving for retirement?”. If you have, lifestyle modelling will likely be beneficial for you.