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.
Financial Times:” Campaigners Thousands hit by offshore pensions curbs”. Thousands of British citizens have been caught up in a clampdown on overseas pension transfers, which is expected to leave some facing heavy tax charges. Click here to go directly to the article
Financial Times:” Nest to offer 2m members more pension flexibility”. Nest, the state subsidised workplace pension provider, has unveiled plans to offer millions of its members more flexible ways to access their pension savings throughout their retirement.
Financial Times:” Mini-bond debacle raises questions for sector”. A regulated firm linked to a collapsed mini-bond that lost investors over £7m is promoting a new product with a similar structure, but maintains the latest bond has more safeguards to protect investors. Click here to go directly to the article
The Times:” Computer chaos blocks marriage tax break”. You might think that the dreaded ‘wedmin’ ends once you tie the knot. However, spouses are still struggling to access a chaotic new marriage tax break scheme, which opened for registration in February, with many applicants complaining that they cannot access the scheme because of computer woes and the lack of a proper helpline. They are unlikely to find any solutions in George Osborne’s budget on July 8, experts say. Click here to go directly to the article
The Times:” Take corporate route to halve your tax bill”. As the government’s first budget on July 8 approaches, rumours persist that there may be either the removal or the reduction of the tax relief on mortgage interest available to buy-to-investors.
The Telegraph:” Savers face ‘outrageous’ fees to pay more into old pensions”. New revelations as the regulator prepares to explain how it will end the poor treatment of long-standing investment, pensions and insurance customers Click here to go directly to the article
The Telegraph:” The ‘official’ method to make your pension cash last a lifetime”. Government-backed pension scheme Nest has set out its ‘post-annuity’ approach to managing savings through retirement
The Telegraph:” The single reason why buy-to-let investors must keep their £5bn-a-year tax break”. There are calls to scrap tax relief on landlords’ mortgage interest. Whether you love or loathe buy-to-let, this is a dangerous idea says Richard Dyson
The Telegraph:” Red tape and high costs deny most savers full access to their pensions”. It is ‘unrealistic’ to expect most companies to allow staff to withdraw money flexibly in retirement, National Association of Pension Funds warns
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.
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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