Finance in the News – w/c 16.03.20

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

FINANCIAL TIMES

“Pandemic policies: Rishi Sunak’s first Budget and a cut in the base rate”
Surprise measures on pensions and investing for children lay in the chancellor’s red box.
“Active funds have the edge on passives in week of turmoil”
Index funds suffer from higher exposure to the energy sector.
“Budget 2020: What it means for your money”
Pensions taper, taxes and interest rates: how today’s policy changes will impact your personal finances.
“Budget 2020: Junior ISA allowance to double”
New limit is ‘pie in the sky’ for most families, warn analysts.
“Patience is the best tonic for my portfolio”
Fevertree is my latest purchase — but why didn’t I hold on to Avon Rubber?
“Inhuman rights weigh on the leasehold system”
Law Commission needs to tackle the feudal system of charges.

THE TIMES

“Billions flow out of ‘fireproof’ absolute return funds”
They were supposed to always deliver a profit but absolute return funds are in trouble, say Ali Hussain and Mark Atherton.
“Stock market crash alerts ‘will panic investors into selling”
If you have received a message from your wealth management firm telling you about a big drop in the value of your investment portfolio, you might be wondering why. These messages are the consequence of rules introduced in 2018 that are being tested for the first time as coronavirus panic sends stock markets into free fall.
“Coronavirus: tax tips for working from home”
The taxman could come to your aid if Covid-19 forces you out of the office.

THE TELEGRAPH

“Will coronavirus affect my pension, savings and investments? A guide on what to do with your money”
The pandemic triggered the third worst week for the British stock market – Telegraph Money has attempted to answer the burning questions.
“Working from home: you could be short-changed when returning rail season ticket”
Commuters trying to return season tickets may be disappointed by the refunds they receive – if they get one at all.
“’Huge mistake’ as entrepreneurs’ tax relief slashed by 90%”
The lifetime limit on Entrepreneurs Relief has been cut from £1m of tax savings to £100,000.

THE GUARDIAN / OBSERVER

“Coronavirus outbreak – how will it affect my rights, pay and debts?”
In a crisis with more questions than answers, many worry how they’ll cope. The Guardian look at the personal finance issues.
“My wife and I still work – what mortgage should we get?”
Case study assessing what to do if you already receive two pensions and are due a third and are thinking of going for a lifetime mortgage.

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