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Weekend press review: Glued to the TV on Sunday?

On the same day that the cricket World Cup final, the Wimbledon men’s final, the British Grand Prix and the Tour de France all take place, you could be forgiven for giving the Sunday papers a miss – so here’s a quick summary of what was covered.

The Sunday Times reports that investors in errant fund manager Neil Woodford’s Equity Income fund could end up paying hundreds of pounds more a year in charges if they move from Hargreaves Lansdown to a rival platform.

What’s more, Lindsell Train savers could also be in strife – rival platform Interactive Investor claims that Hargreaves Lansdown investors wishing to transfer their holding in the top-performing Lindsell Train Global Equity fund, run by Nick Train, have been unable to do so.

The paper also examines the predicament of families in homes funded by risky loans as a result of government-backed UKAR blocking their attempts to sell in order to pay off their debts.

They also explore which is the better investment option – fund or trust? With the same managers and the same holdings, how come investment trusts can often be a better choice than their ‘mirror’ funds?

One in three high earners say they would consider leaving the country if Labour won the next general election, according to research conducted for the paper. The proportion of potential tax refugees rises to more than half among those worth in excess of £5m.

The Sunday Telegraph reports that Diageo seems to get better with age, but warns that although it’s a dependable stock, the price has risen sharply so investors should wait for an opportunity to buy more cheaply.

It also offers “the ultimate plan for a 40-year-old saver”, allowing them to retire at 55 and live off dividends.

Earlier this year the government announced plans to abolish “no-fault” evictions, which give landlords the right to remove tenants without reason. The paper examines how this change in the law could finish off buy-to-let.

The Mail on Sunday dons a fresh pair of Doc Martens to put into Neil Woodford, revealing he has collected £2.73 million in management fees since he was forced to freeze his £3.5bn Woodford Equity Income fund last month.

Their stock market watchlist observes that a “£5 million whip-round for Gfinity is a little too late for some.”

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