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 23, 2014
ARTICLES
Financial Times:” Advisers call for 15-year deadline on consumer complaints”. Financial advisers are calling on the City watchdog to limit the length of time consumers have to complain about investments they believe have been mis-sold.
Click here to go directly to the article
Financial Times:” OECD criticises UK pension reforms”. The OECD has criticised the UK government’s recently announced plans to end the obligation to buy an annuity at retirement. Anyone aged 55 or over will be able to take their entire pensions savings pot as cash from next April instead of buying an annuity that would guarantee an income for life.
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Financial Times:” Tax errors leave 2m employees owing money”. More than five million employees have paid an incorrect amount of tax despite the introduction of a new reporting system designed to iron out such errors.
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Financial Times:” Icebreaker threatens to sue Deloitte”. The company behind high-profile investment partnerships declared to be tax avoidance schemes last month has threatened to sue Deloitte, the professional services group which represented it at a tribunal.
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The Times:” ‘Yanks? No thanks,’ says National Savings”. National Savings & Investments is closing the accounts of nearly 3,000 investors who are US nationals, citizens or residents. Among those who could be affected is Boris Johnson, the mayor of London, who was born in New York City.
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The Times:” Advisers bend rules to rip off investors “. Unscrupulous financial advisers are tricking investors out of thousands of pounds by flouting rules that were meant to ban hidden charges and herald a new era of trust and transparency.
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The Times:” Millions face tax bills after code error”. An estimated 3.5 million paid too little tax through the Pay As You Earn system in 2013-14 and will have to pay back the money in future years, Revenue & Customs revealed this week.
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The Times:” Get ready for a pension plan price war”. Pension firms are poised to slash the cost of ‘drawdown’ schemes which savers use to take money out of their pots.
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The Telegraph:” How all ages can profit from new ‘super Isas'”. £15,000 ‘Nisas’ will help all ages, including those who want to save for a first home. We explain how each age group can use them to maximum effect
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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
FINANCIAL TIMES, TIMES + SUNDAY TIMES, TELEGRAPH + SUNDAY TELEGRAPH, GUARDIAN + GUARDIAN WEEKLY + MONEY OBSERVER + OBSERVER, INDEPENDENT + INDEPENDENT ON SUNDAY, SCOTSMAN + SCOTLAND ON SUNDAY + EDINBURGH EVENING NEWS, DAILY MAIL + MAIL ON SUNDAY + (LONDON) EVENING STANDARD + THIS IS MONEY.
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