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Sunday’s Money pages

In brief - the issues your clients may be raising this week..

by Alex Sullivan
November 10, 2019
in News
The Weekend’s Financial Pages round-up
Share this story

*Highlight text, right click and hit “search google”  for more info on any of the featured topics*

The Sunday Times leads with ‘The great bank account switch’, and explains how canny savers can pocket hundreds by moving their current accounts.

They also report that many Brits are falling for the OneCoin global cryptocurrency scam after the City watchdog removed a warning.

There’s a step-by-step guide to how financial advisers can shift old clients to St James’s Place, one of the fastest-growing financial advice firms in the country – but there’s also a caveat in another article which says if SJP wants our money, it must throw out the rotten apples.

The paper also warns that while MPs are making sure their own pensions are safe, Joe Public’s could be at risk.

The Sunday Telegraph warns that we shouldn’t have to pay for big banks failing on fraud, noting that digital banks such as Monzo are worried that a general reimbursement levy will penalise lenders who are better at fighting fraud.

They also investigate the case of a family left £50,000 out of pocket because of a seven year care funding backlog.

The Questor share tip column notes that Draper Esprit’s approach of investing in unlisted early-stage businesses seems to be paying off.

Readers are warned that some rogue salesmen are overstating the safety of high-risk mini bond investments, while offering interest rates of 10% and more.

The Mail on Sunday remounts the Neil Woodford horse and offers 1,000 reasons he may be heading for judgement day in court.

They ask if it’s time to ditch UK equity income funds – or are the ‘dividend champions’ still on a winning streak?

They explain why a rate hike is on the cards after the election, and in their Stock Watch section examine how Burberry is holding up.

Along with the Sunday Times, the Mail also takes a look at OneCoin, homing in on the cryptocurrency queen who’s on the run with £3.5bn.

There’s a report that Britain has returned to growth (0.4% in the 3 months to September) and overall growth for the year is likely to come in at 1.4% according to economists.

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