Finance in the News – w/c 09.12.19

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

FINANCIAL TIMES

“Hiring a nanny: what I wish I’d known”
Recruiting and employing a carer for your children is more costly and complex than many imagine.
“UK property funds come under pressure”
M&G Property Portfolio halts investor withdrawals, blaming economic and political conditions.
“Italian wine investors return to ancient pedigrees”.
The region of Piedmont is attracting growing demand.
“The general election and your finances”
With a week to go, what changes could the major parties bring in?
“My Christmas book choices: fuel for the post-lunch argument”
From social mobility to how tax policy has shaped our history — and future.
“Central banks’ next move will be crucial for investors”
The FT portfolio has enjoyed a good run in 2019 — but can it continue?

THE TIMES

“I sold my house to fund Mum’s care”
A daughter has made radical changes for her mother’s old age.
“While a man retires with a £315,000 pension, a woman makes do with barely half that pot”
Startling new data shows how vital it is that saving for retirement is rethought.
“Millionaires must publish their tax bills, says Labour”
The shadow chancellor wants to mimic the Scandinavians — but only for £1m-plus earners.

THE TELEGRAPH

“Why Britain’s biggest fraud risk is lying in your desk drawer at home”
When Kelly Banks noticed that £1,200 had been spent on her credit card in House of Fraser, her heart stopped.
“Social care crisis escalates as average cost tops £50,000 a year”.
Older people living in care homes are being charged more than £1,000 a week, a report has found, as the cost has spiralled at almost double inflation in the past 20 years.
“The top 10 income funds to pay you a monthly salary”
Unfortunately, many popular income funds pay dividends only every quarter, which gives investors the problem of matching lumpy income with their regular outgoings.

THE GUARDIAN / OBSERVER

“How ‘lifestyle’ spending choices are luring a generation into debt”
It’s an old ploy: offer interest-free loans and cash in as people fail to pay up. But now a new twist is targeting young buyers.
“Make do and lend to a refugee entrepreneur this Christmas”
Lendwithcare gift vouchers let Britons help people living in camps grow their own businesses.

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.

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

Other News

Tax year end planning checklist for individuals

A handy checklist of suggested planning considerations for individuals for the end of the tax year.

Finura achieves corporate Chartered status from the Chartered Insurance Institute

Every firm that holds Chartered status adheres to an ethical code that underpins broader commitments to professional values.

Tax Rates & Thresholds 2019/2020

As we approach the busiest time of year in the financial calendar, we provide a reminder go the key rates and thresholds applicable to those working in England and Northern Ireland.