FROM THE PAPERS
Synopsis: Short summaries of articles we think you will find useful from some of the weekends broadsheets. At the end of each summary is a link to take you directly to the relevant article. Please see Helpful Hints at the end of the bulletin.
Date posted: Monday, June 16, 2014
Financial Times:” Splitting up an unhappy home”. Death, debt and divorce. This grim trio – known to estate agents as the three Ds – are the factors that drive homes on to the market in bad times as well as good. In the past 18 months, though, the latter has played an increasing role in putting houses into the hands of the property middlemen. Along with family lawyers and counsellors, agents are reporting a rise in levels of divorce activity, whether through an agreed split or in the acrimonious arena of the family courts.
Financial Times:” First p2p scheme through a Sipp”. Personal pension owners can now invest in peer-to-peer lending through a partnership struck between p2p platform ThinCats, a pension provider and financial portal SippClub.
Financial Times:” Investors could face ‘cash flow crisis’ following HMRC probes”. Taxpayers accused of participating in tax avoidance schemes could land in significant financial difficulties if government proposals on ‘retrospection’ come into effect next month.
Financial Times:” Pension guidance could be delivered in groups, says Webb”. Savers approaching retirement could be offered group guidance on their financial options, rather than a one-to-one session, under proposals being considered by the government.
Financial Times:” Trust tax reforms increase appeal of gifts”. Proposed limits on tax-free transfers into trusts will lead to an upsurge in financial gifts to younger generations and use of alternative vehicles such as companies and partnerships, tax experts said.
The Times:” Tax avoidance advisers ‘should be prosecuted'”. Lawyers and accountants who promote aggressive tax avoidance schemes should face criminal prosecution, according to a Conservative MP. Click here to go directly to the article
The Times:” Thousands more hit by death tax “. Growing numbers of families are being hit by inheritance tax due to rising house prices and the recovering economy. Treasury forecasts show that the numbers hit by the death tax will rise by one third this year and tens of thousands more will be pushed over the £325,000 threshold next year, according to analysis by The Sunday Telegraph.
The Telegraph:” Middle class families braced for inheritance tax time bomb “. Rising house prices and the recovering economy are set to force tens of thousands more people above the death tax threshold Click here to go directly to the article
The Telegraph:” Taxman wins fight to close property tax loophole “. The taxman has been given the green light to close down a potential stamp duty loophole
The Telegraph:” Ah, retirement. Our only hope is to win the Lottery”. Only 56 per cent of people in their thirties and forties are saving for a pension. And Judith Woods is not one of them
The Telegraph:” One million pre-retirees to receive less than £155 ‘flat-rate’ state pension”. Pension’s minister tells The Telegraph he is ‘guilty of oversimplifying’ new pension as Government prepares to disclose disappointing news
1. LINKS TO ARTICLES:
We have now provided direct links to the articles referred to in the article. These can be accessed by click on the “To go directly to the article click here” at the end of each article summary
2. REQUIREMENT TO SUBSCRIBE TO SITES:
As some Opus Gold users will be aware, many of the broadsheet newspapers that are traditionally covered in our From the Papers bulletin, are changing (or have changed) their free online access to articles.
Currently the Financial Times and Weekend Financial Times only allows access to view 8 articles a month free, then requiring the user to subscribe to their online service. From 1 July 2010 The Times, Saturday Times and Sunday Times articles are no longer available for free online. Instead a daily or monthly fee will have to be paid to access the articles.
We are aware of the inconvenience this will cause to our users. Unfortunately, due to the stringent copyright rules enforced by the newspapers we are not allowed to copy the articles onto our bulletin to make them available to Opus Gold users, thus our only option is to put a direct link to the article on the newspapers own website.
Although we will continue to produce From the Papers bulletins linking to these articles, users should be aware that access to many will now be blocked unless a personal subscription to the newspapers site is taken.
Once again we apologise for this inconvenience but this is something outside of our control.
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