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.

ARTICLES

FINANCIAL TIMES

Financial Times:” Think-tank urges end to pensions changes”. Further radical changes to pensions tax relief should be scrapped, the government has been urged, as it prepares to look at profound reforms to the retirement regime. Click here to go directly to the article

Financial Times:” Wage forecasts undermine 40p tax band rise”. The Conservatives’ pledge to take ‘hardworking people’ out of the 40p income tax band by raising the higher rate threshold to £50,000 is set to be undermined by wage growth over the next five years.

Click here to go directly to the article

THE TIMES

The Times:” Launch of Help to Buy Isa may be delayed”. The chancellor’s wide-ranging savings reforms are being hindered by banks and building societies, which could frustrate George Osborne’s ambition to create a ‘radically more flexible Isa regime’ — a theme that has been at the heart of recent budgets.

Click here to go directly to the article

The Times:” Want financial advice? Ask a robo-adviser “. Amid the confusion that has bedevilled the first months of pensions freedom, one thing has been clear: some investors do not want to pay for advice. Savers have reacted with anger when told that, unless they employ a financial adviser, they cannot invest their pension as planned. So much so, that insurers have felt bold enough to demand that the regulator drop the requirement for savers to take advice if they have guaranteed annuity rates linked to their pensions.

Click here to go directly to the article

The Times:” Beware the hidden costs of equity release”. Equity release is becoming an increasingly popular option for alternative retirement income, as the rates on deposit accounts continue to disappoint and property prices appreciate.

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THE TELEGRAPH

The Telegraph:” Pensions advice: all the options and what you should expect to pay”. Getting the best from your pension pot can be a complex business. We explain where to find professional help

Click here to go directly to the article

The Telegraph:” How an illegal pension unlocking firm could be running your company retirement fund”. Millions of workers are at risk of having savings funnelled into high risk investments.

Click here to go directly to the article

The Telegraph:” The new inheritance tax quirk that favours widows”. The Budget changes have brought unexpected benefits for couples who want to leave property to children

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The Telegraph:” MPs receive pension bonus of £50,000 along with 10 per cent pay rise”. Pension’s expert says MPs generous retirement plans will cost taxpayers millions

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The Telegraph:” A tax change so stealthy that Gordon Brown would be proud of it”. George Osborne once said he wanted to reverse Labour’s raid on pensions – but now he has made such a reversal impossible,

Click here to go directly to the article

HELPFUL HINTS

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.

QUICK LINKS

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