Finance in the News – w/c 31.12.18

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

FINANCIAL TIMES

“How to talk to your children about money”
Educating the next generation about inheritance is the number one concern for wealthy parents.
“Where to invest in 2019”
Experts at FT Money’s investment debate agree that market conditions will be harder to call.
“HMRC’s out-of-date letters risk ‘confusing’ taxpayers”
Millions of UK citizens receive incorrect information about how to pay their tax bills.
“The self-employed pensions time-bomb”
Only 14% of self-employed workers are saving into a pension.
“2018’s FTSE winners and losers”
In a poor year for blue-chips, Ocado tops the league, while BAT’s price falls almost 50%.

THE TIMES

“What the experts want from 2019”
From pensions to political stability, The Times looks at analysts’ wish-lists.
“Will Brexit impact the UK’s ability to compete on tech?”
The UK is a world leader in technological innovation – but how can we keep hold of that position in a rapidly changing world?
“Does it pay to switch deals?”
Most homebuyers could easily negotiate a better rate than their lender’s default SVR.

THE TELEGRAPH

“Back Britain: why you should invest in UK shares in 2019?”
Only one third of UK-focused funds have beaten the FTSE All Share index, which has posted a negative return so far this year of -11% at market close on Thursday.
“How ditching a ‘final salary’ pension can cost nine times what you save .”
Every year workers choose not to pay into a “final salary” pension can cost them nine times more than they save, new analysis has revealed amid an exodus from some gold-plated schemes.
“Winners and losers of 2018: the year when savers got the better of investors”
In 2018 returns on cash savings accounts increased markedly, building on improvements last year and the year before, but the London stock market slumped and stands barely higher than it was two decades ago.

THE GUARDIAN / OBSERVER

“Food prices to finance”
What Brexit could mean for Britain.
“The UK’s house price boom is slowing”
A moderate rise in prices in 2019 could mean an unsustainable boom will have ended in a soft landing.

MAIL

“Warning for elderly borrowers as payback time approaches on interest-only home loans that were handed out in the 1990’s”
Lenders are sending the letters because they fear those who have only been paying mortgage interest could be in trouble if they do not have a plan in place for repaying the original loan.

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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