Finance in the News – w/c 28.01.19

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

FINANCIAL TIMES

“Pension dashboards ‘must have legal safeguards’ for savers”.
Report calls on the government to protect users of commercial schemes.
“Living in the shadow of a tax scandal”.
MPs battle with HMRC over plight of 100,000 contractors caught up in ‘unfair’ tax avoidance crackdown.
“Chart that tells a story: UK household spending”.
Over-50s splurge on home improvements, while under-30s tuck into a takeaway.
“Child benefit complexity hits 200,000 parents’ pensions”.
Latest problem to affect administration of child benefits system.
“Rich People’s Problems: I’m half a million pounds poorer”
But surely, life’s too short to worry about the paper value of your portfolio.

THE TIMES

“Dawn of a new mis‑selling scandal”
Pension firms are facing claims worth hundreds of millions of pounds from investors who bought into high-risk schemes.
“Pension firms opened the door to a world of toxic investments”
An investigation into a shady world where unauthorised middlemen enticed investors with previously off-limits schemes.

THE TELEGRAPH

“Invest with no fees to pay: free lunch or pipe dream?”
Fees have become an obsession among many investors and a wave of options promising access to the world’s stock markets for next to nothing are springing up in response.
“Landlords: get ready to feel the squeeze with this year’s tax return”
Millions of Britons leave it until the last minute to file their returns and last year more than 750,000 people missed the deadline altogether, facing immediate financial penalties.

THE GUARDIAN / OBSERVER

“Tax return 2019: a stress-free guide to tackling it”
With just days to go until the HMRC deadline, The Guardian take the pain out of the process.
“One thing to be grateful to Brexit for: Britons are buying less on credit”
O Consumer borrowing is falling, which is no bad thing. But it’s uncertainty, not regulation, that’s acting as the brake.

Mail

“I want to cash in an old pension but still pay into the civil service scheme: Is this allowed?”
Expert analysis.

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

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

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