Finance in the News – w/c 17.02.20

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

FINANCIAL TIMES

“Finance on Instagram: what’s not to like?”
Money matters are a surprise hit on the photo-sharing app.
“Invesco tops list of poorly performing funds”
Eleven of manager’s funds lag well behind benchmark indices in Spot the Dog survey.
“Can you afford to retire when you want to?”
Millions of people in their forties and fifties face tough — and often conflicting — financial choices.
“Investors reluctant to break up with their wealth manager”
You probably won’t dump your manager this Valentine’s Day — but maybe you should.
“Pensions tax relief: is time running out?”
New chancellor Rishi Sunak would be wise to avoid slashing pension perks.
“Betting the farm on a self-sufficient retirement”
Living ‘The Good Life’ could be harder work than the office ever was.

THE TIMES

“Curse of Neil Woodford means dog days for big British funds”
Funds bearing fingerprints of the failed manager are among the dozens identified as poor value for investors.
“Why not try a taste of pick’n’mix mortgages”
Lenders are becoming much more flexible over the terms of home loans, says Kate Palmer.
“The cryptocurrency hard-sellers who investors claim have lost them £400,000”
The Times reports on eight vulnerable people who say they were pressured into handing over their money.

THE TELEGRAPH

“Thousands of landlords caught in tax-dodging probe”
The Let Property campaign has gathered force, affecting more landlords and meaning they have to repay more tax.
“More than a million families miss out on tax-free childcare because the system is ‘too complicated’”
Families are missing out on up to £2,000 a year because they are not claiming a valuable tax relief.
“Fix pensions, death tax and stamp duty: our plea to the new chancellor”
Telegraph Money lays out its checklist for the new Chancellor to deliver in his first Budget.

THE GUARDIAN / OBSERVER

“Funerals – there are meaningful ways to bury spiralling costs”
As bills soar, is there any loss of ritual or tradition in cutting costs? The Guardian looks at the less expensive choices.
“Brexit: Britain and EU ‘will rip each other apart’ in trade talks”
French foreign minister says it will be hard for UK to strike deal by end of year given differences.

MAIL

“New Chancellor, Rishi Sunak, is set to crack down on £340m loopholes in insurance tax”
New Chancellor Rishi Sunak may use his first Budget to slam shut insurance tax loopholes thought to be costing the Treasury more than £340million a year.

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

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