If you’re still reeling at finishing last in the Eurovision Song Contest, even behind San Marino, here’s something to take your mind off this latest Euro crisis.
The Sunday Telegraph examines how a pension can dry up in 7 years – and offers tips on how to take as much as possible without running out.
In The Sunday Times, with the Chelsea Flower Show taking place this week, Ian Cowie’s advice to investors is to put seed capital to work and their investments will come up roses. Coincidentally, the show is sponsored by M&G, the company that introduced unit trusts to Britain.
They also unmask Bradley Lincoln, chief executive of Best International Group, as the mastermind at the centre of mis-selling scandals where pension savers have lost huge sums on bonds.
There’s an interesting article on why Scottish Investment Trust’s Alasdair McKinnon is refusing to join the rush to tech, even with a herd of ‘unicorns’ (tech start-ups worth at least $1bn) coming to the market.
The paper also reports NatWest’s U-turn on its promise not to offer customers interest-free credit card deals, and how a pensions tax flaw costs the UK’s lowest-paid £100m a year.
This week’s Fund Focus is on Merian Gold & Silver, whose fund manager points out that gold is a currency, not a commodity; it’s an often misunderstood asset.
The Question of Money section includes a case study of how switching a pension can leave people substantially out of pocket.
The Mail on Sunday has a feature on how to pick ethical investments that actively benefit society and the environment, and identifies 6 funds trying to help the greater good.
It also reports that Vodafone has cut its payout and that other big guns may follow, and offers advice as to the trusts where investors can get 4%+ from dividends.
Of course, you could always write a global #1 hit…
