Finance in the News – w/c 23.09.19

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

FINANCIAL TIMES

“Tackling climate change — an investor’s guide”
What counts as a climate-friendly investment strategy?
“Hargreaves Lansdown drops exit fees for investors”
Platform drops nine separate fees following regulatory crackdown.
“Wealth management could soon cost less than you’d think”
Costs are falling — but it still looks far more expensive than it should.
“Pensions compensation pay-outs could trigger six-figure tax bills”
Regulatory headache for those with final-salary pensions who took out fixed protection.
“How to escape the ‘motherhood penalty’ at work”
Shared parental leave is a way of narrowing the gender pensions gap.
“We need to talk about risk in investing”
The biggest danger is not having enough savings to fund your retirement.

THE TIMES

“Veterans urged to claim pension”
Armed forces veterans could be missing out on a generous military pension, a survey suggests. Age Cymru, which represents older people in Wales, surveyed 300 veterans over 60 and found that 17% were potentially eligible but not accessing the pension.
“Capital gains tax changes could hit divorcing couples and landlords”
Couples who are splitting up, people who have bought a second home before selling their first one and accidental landlords could face an unexpected tax bill if they sell after April 5.
“Low rates push savers into risky investments”
A surge of investment in peer-to-peer loans has sparked fears that people will lose money.

THE TELEGRAPH

“Parents pay £5k more for September babies – work out how much it will cost you to raise a child”
Research has shown that children born nearer the start of the school year have an academic advantage over their peers on account of them being older and more developed. But their parents will pay the price, as they will have to cover the cost of childcare for more time.
“Landlords urged to sell buy-to-let properties now before tax bills soar in April”
The incoming tax changes means property investors could be better off selling now, experts have said, despite the current weakness in the market.
“Exclusive mortgage rates offered to Lifetime ISA savers for the first time”
Would-be first-time buyers can now access a range of exclusive mortgages, as long as they have saved for their home using a Lifetime ISA (LISA).

THE GUARDIAN / OBSERVER

“The British economy creates lots of jobs – not lots of pay rises”
UK has created many part-time or self-employed roles, with new full-time posts going to older workers.
“Inheritance tax would be scrapped by the Brexit party – good news for the very rich”
A minuscule number of wealthy people would benefit from such a move. Everyone else would be hit by higher taxes.

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

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