Finance in the News – w/c 16.09.19


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


“How to get a cut-price private school education”
£1bn a year of financial assistance is available to help with fees.
“Could ESG trump oil for older investors?”
Investing for good gains traction, but the yields on oil stocks remain compelling.
“Loan charge review to be led by Amyas Morse”
Treasury bows to campaigners’ demands to reconsider ‘retrospective’ tax.
“Four ways to hold gold as a safe haven investment”
Soaring price of the yellow metal prompts launch of new investment product.
“Low fees not always good value for pension savers, says report”
Pensions Policy Institute: charges need to weighed alongside other factors.
“Adrian Mole: the secret diary of an emotional investor, aged 52 and ¾”
How would the neurotic Mole cope with the ups and downs of the stock market?


“Pensions minister: it’s your future, so don’t let retirement savings go to seed”
A private, auto-enrolled pension is one of the largest investments anyone will make in their life. A typical person saving through automatic enrolment — a pension given by their employer — throughout their career could put aside £110,000 for their retirement.
“First Direct ditches fee as digital rivalry grows”
First Direct, the online and mobile bank feted for its customer service, has scrapped the £10-a-month fee for its current account.
“It’s an autumn mortgage bonanza”
If you have a 10 per cent deposit or equity in your home, banks will fight for your business.


“Why are so many middle-class millennials going bankrupt?”
The number of 18 to 25-year-olds going bankrupt has jumped 10-fold over the past three years, according to data from the Insolvency Service.
“Struggling investment trusts: are they worth buying despite others selling out?”
Some investment trusts have had a difficult year despite generally positive markets. Some investors have been unforgiving but this could have left value opportunities for others.
“Blow to short-term savers as banks make it harder to get the top deals”
Savers with smaller deposits are being cut off from the best short-term bond deals as the amount needed to access them skyrockets.


“Brexit uncertainty triggers first September fall in house prices since 2010”
Rightmove says average price down by £730 as sellers wait to see how Brexit plays out.
“50p at 50: how Britons’ living costs have changed since 1969”
Back then, when booze was relatively cheap, it really was possible to go for a night out and still have change from 50p.

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