Finance in the News – w/c 20.05.19


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


“Who can you trust with your money?”
Better regulation — not more regulation — is needed to protect consumers.
“Why lack of competition is rubbish for investors”
Concentration of power in a few superstar firms reduces investment and productivity too.
“Thousands of grandparents miss out on pension credits
Carers could lose about £5,000 in pension income by failing to claim benefits
“Crop of high dividend yielding trusts reaches a two-year high”
Big trusts add to their appeal by reintroducing or increasing pay-outs.
“Time to cast your vote in the Eurovision fund contest”
Are continental investments music to your ears or a broken record?
“Has granny signed a pre-nup?”
Lawyers report an increase in older couples using measure to protect their wealth.


“Robo-adviser InvestEngine’s hidden fees mean it’s not the cheapest”
Investor said it charged just 0.45% — but then come the extras
“Mixed-age couples may lose £10,000 in pension credit raid”
Stripping pension credits from tens of thousands of mixed-age couples could leave somemore than £10,000 a year worse off, a think tank has warned. The Pensions Policy Institute (PPI) analysed recent government reforms to pension credit and claims that some couples would see their incomes drop by 45% as a result of the changes.
“Time for investors to ask: Do I really believe in unicorns?”
The flotations of companies such as Amazon and Google have gained near-mythical status, but is the fairy-tale over?


“Could the ‘Corbyn mortgage hedge’ protect you against a Labour government?”
A Homeowners who have enjoyed a decade of rock-bottom rates are becoming concerned that the supply of cheap mortgages may soon dry up.
“Why Britain is the most stable stock market in the world, despite Brexit”
The MSCI United Kingdom All Cap index, which includes almost all stocks listed in Britain, has been the least volatile of any stock market index in the world since 2016, according to research from Tilney, the wealth adviser.
“Your pension could dry up in seven years – here’s how to take as much as possible without running out.”
Pensioners could completely run out of money in as little as seven years because the rate at which they are drawing on their savings using the “pension freedom” rules has reached unsustainable levels, Telegraph Money can reveal.


“London is still the UK’s golden goose – and that needs to change”
The Guardian argues that of you remove London from the UK’s economy and the nation would fold, suggesting that decentralisation would benefit everyone.
“Childcare: thousands of grandparents miss out on a pension perk”
Those who look after their grandchildren can receive national insurance credit.


“My brother is likely to go into a care home, but what will happen to his state pension?”
This is Money pensions columnist Steve Webb explains the rules, which depend on whether you pay fees yourself or if your place in a home is publicly funded.

Please note that, due to copyright, we are no longer able to include a direct link to the newspaper article.


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