Finance in the News – w/c 30.08.21

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

FINANCIAL TIMES

“TikTok offers investors both sense and nonsense”
While some influencers give sound financial advice others lure savers into excessive risk.
“Binance warning highlights crypto risks for savers”
Regulator leaves exchange free to keep operating despite misgivings.
“10m pensioners risk running out of money — poll”
Retirees unsure about managing their funds but resist advice.
“Over-55s delay downsizing exacerbating home supply crunch”
More owners stay put in response to pandemic, valuing larger properties and settled communities.
“Will gold have its day as a crisis hedge?”
Palantir’s investment in bullion bars raises questions for retail savers.
“Lloyds Bank’s property play looks a strategic leap”
The retail bank has surprisingly big aspirations in the UK’s tiny build-to-rent residential market.

THE TIMES

“Why are we all still in love with NS&I Premium Bonds?”
The return on Premium Bonds has never been lower — is it finally time to ditch our favourite lottery?
“From deliveries to hospitals: the top 20 stocks that beat Covid”
The unexpected pandemic winners of Royal Mail and Watches of Switzerland have led the share price recovery in British businesses over the past year, trebling their stock value in the 12 months to the end of June.
“How remarrying could affect your pension”
More people are remarrying after retirement, but there can be consequences for your finances.

THE TELEGRAPH

“Avoid inheritance tax by filling in one simple form”
One in four may have overpaid some £250m.
“Here’s why you should shun Victorian homes and buy a post-war property instead”
Post-war homes are much maligned but can be a gold mine with a clever refurb.
“Sailor Hannah Mills: ‘I’ve got three Olympic medals, but getting a mortgage is a nightmare’”
She may have won gold medals but sailor Hannah Mills is only a basic-rate taxpayer and relies on sponsors for funding.

THE GUARDIAN / OBSERVER

“Over-50s want climate crisis addressed ‘even if it leads to high prices’”
Research finds almost two-thirds of older people want UK government to move faster on green initiatives.
“All God cons: camping in churches has a record year as UK staycations boom”
As conventional campsites fill up, more holidaymakers are discovering the joys of ‘champing’ – and silent nights.

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