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, December 16, 2013

ARTICLES

FINANCIAL TIMES 

Financial Times:” Vodafone, target of protesters, endorses tax transparency”. The telecoms company targeted by protesters at the start of the public backlash against tax avoidance has said businesses must open up their affairs to more public scrutiny.

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Financial Times:” New tax regime announced in finance bill”. The government published its draft finance bill this week, confirming most of the tax changes announced in the Autumn Statement.

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THE TIMES

The Times:” Money Made Easy: Your five-minute guide to … new pension rules”. Savers with larger pension pots can apply for more flexible protection against high tax charges ahead of the reduction in the lifetime allowance to £1.25m.

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The Times:” Pensions trap leaves vulnerable exposed “. The enduring greed of large parts of the financial services industry despite years of public mistrust was highlighted this week by a watchdog’s report on the market in annuities — the insurance products that most people with private pensions buy with their savings pots at retirement to deliver an income for life.

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The Times:” Pensions Q&A: finding the best annuity”. This week’s damning report on annuities sales should lead to reform of an overpriced, overcomplicated market, but that will take time.

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THE TELEGRAPH

The Telegraph:” Pension rip-offs: the solution being hidden from savers”. Pension savers have choices over retirement income, but insurers do not make this clear – and they profit from the confusion.

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The Telegraph:” Nearly 300,000 elderly to receive lower pensions “. Government admits plans to scrap “derived benefits” for spouses could see 190,000 women receiving £22 less a week in basic state pension between now and 2030

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The Telegraph:” Pensioners face care bill of £150,000″. New system of capping bills for the elderly is less generous than originally hoped

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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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