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, October 28, 2013
Financial Times:” VCTs hit record highs”. Total funds under management in venture capital trusts (VCTs) reached £2.9bn this year, the highest level since VCTs were established in 1995.
Financial Times:” ‘Clean’ funds gain traction”. Fund supermarkets can move a client’s money into new ‘clean’ share classes without seeking their consent so long as it does not cost more, according to new rules.
Financial Times:” Small-pot pension savers look to avoid annuities”. Cash-strapped pension savers are looking for ways to work round rules which force them to turn small pension pots into poor-value annuities.
The Times:” Top taxman targeted film ‘scams for scumbags'”. Film investment schemes offered to hundreds of wealthy Britons are nothing more than ‘scams for scumbags’, according to Britain’s former top taxman
The Times:” How to buy a home with a friend or lover”. The Government’s Help to Buy Scheme, which guarantees mortgages with only 5 per cent deposits, is intended to make it easier for hundreds of thousands of people to climb onto the housing ladder.
The Times:” Cut your bill: ten tax tips for entrepreneurs “. Entrepreneurs and small business owners are spending an average of 12 days a year keeping on top of their tax affairs, claims the Federation of Small Businesses.
The Times:” Steer clear of pension ‘liberation’ “. Schemes that promise to unlock savings for the under-55s could lead to a miserable retirement
The Telegraph:” One in three could be paying wrong tax”. One in three taxpayers could be paying the wrong amount of tax, new research has found.
The Telegraph:” Pensions ‘lifeboat’ fund increases assets to £15bn”. Britain’s embattled long-term savings industry will get a rare boost as figures from the Pension Protection Fund show that the rescue scheme for workers at collapsed companies has increased its assets.
1. LINKS TO ARTICLES:
We have 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 too 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.