Finance in the News – w/c 05.08.19

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


“The Lifetime ISA: three ways to invest”
A government-backed scheme for the under-40s to save for retirement or a first property.
“Sterling takes a pounding”
Fears of no-deal Brexit shake the currency against the euro and dollar.
“Watchdog poised to clean up pension transfers market”
Contingent charging ban among package of FCA measures.
“Revolut launches commission-free share trading”
Digital bank takes on platforms in bid to ‘democratise’ investing.
“Insolvencies soar as business confidence dwindles”
Brexit uncertainty weighing heavily on small companies and the self-employed.
“Gold revival drives desire for precious metal ETFs”
Vehicles that own physical assets are gaining ground.


“‘Women’s pensions fall even further behind men’s”
Efforts to increase saving have made the system more unfair.
“Trackers are a good bet for mortgage punters”
Last week’s rate reduction in America and the prospect of a no-deal Brexit have raised expectations that the Bank of England will cut its benchmark interest rate from 0.75%.
“It’s the great pension pot debacle — HMRC overtaxed savers by almost £3,000 each”
HMRC has overcharged savers £480 million in unnecessary tax, which they then have to claim back.


“’Inheritance tax relief for investors turns six: how to beat the death tax”
This week marks the six-year anniversary of a loop-hole that allows investors to avoid the much-loathed death tax by investing in fledgling companies through an Isa.
“The three reasons your car insurance is about to get more expensive”
The cost of car insurance is rising as insurers’ profits come under increasing pressure from repair costs, theft and legal changes.
“Why EU rules mean you might be cut off from online banking unless you have a mobile phone”
The new regulations, being introduced at the direction of the EU, mean banking customers will need to go through “two-step verification” when logging in online. This means entering a password and then a passcode, typically sent by text message.


“No-deal Brexit: your financial survival guide”
Here’s what might happen to house prices, jobs, savings and pensions – and what you can do about it.
“Low-income Britons ‘more vulnerable to recession than in 2008’”
Weak wage growth and years of austerity mean Brexit downturn will be harder for poor.


“Will my partner lose state pension inherited from his late wife if we get married?”
Steve Webb replies.

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

Articles on this website are offered only for general informational and educational purposes. They are not offered as and do not constitute financial advice. You should not act or rely on any information contained in this website without first seeking advice from a professional. Capital is at risk; investments and the income from them can fall as well as rise.

You are now departing from the regulatory site of Finura. Finura is not responsible for the accuracy of the information contained within the linked site.


Other News

Two parties announce their plan for the first 100 days

The Conservative and Labour parties have published a plan of what they will do if they win the coming Election.

House price rises despite Brexit looming large

UK house prices were 2.1% higher last month than they were a year ago at an average price of £234,625, according to the Halifax House Price Index.

Finura Shortlisted for Adviser Firm of the Year in the Professional Adviser Awards 2020

Finura is delighted to announce that we have been shortlisted, once more, in the Adviser Firm of the Year (London) category at the Professional Adviser Awards.