Sunday’s money pages..

by | Dec 1, 2019

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The Mail on Sunday reveals that Labour is plotting a rail ticket rival to the £2.2bn Trainline, and that Corbyn’s new one-stop shop would ‘decimate’ the UK tech titan.

On the good old Woodford front, the paper takes the stance that although class actions can drag on and get nowhere, those in the Woodford debacle MUST be held to account.

 
 

Helpfully, they tell us that on the eve of Cyber Monday, the crooks are waiting to rip us off; there’s a guide to spotting the 12 cyber scams of Christmas.

They also name the best current account providers, saying there are no surprises as First Direct, Starling and Monzo trounce the High Street banks in a customer satisfaction survey.

 

 
 

The Sunday Times genuflects to the birth of the “cheapest ever pension”, announcing that US giant Vanguard’s new Sipp will be a boon to millions of young savers and the self-employed.

They also ask the question “Big brands or bargain basement: is it time to switch investments?”, in the light of the reversal in the fortunes of star fund managers and their stock-picking styles.

They report that the Tories vow to end pension injustice for women as a result of a campaign led by the paper, and also that savings rates for homebuyers are tumbling as Help to Buy ISAs are axed.

 
 

 

The Sunday Telegraph advises how Labour’s ‘rich only’ blitz could leave readers £10k worse off, and also analyse all the major parties’ manifestos and their implications for personal finances.

It would seem investors using Hargreaves Lansdown (big fans in the past of, er, Neil Woodford) are facing huge delays transferring ISAs and pensions to rival fund shops, as the stockbroker – Britain’s largest – rakes in extra fees.

There’s also the first in a six-part series on what each of the political parties is promising for different age groups in the coming election – today focuses on the under 30s.

 

Ed’s IFA Mantra for Monday – “It’s great to be here. I thank you. Ah, I’ve been on the road doing comedy for ten years now, so bear with me while I plaster on a fake smile and plough through this s*** one more time.” (Bill Hicks)

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