The Sunday Times is back in the St James’s Place saddle, reporting that some of the firm’s advisers have threatened to stop selling investments for the rest of this year unless they are compensated for the loss of their annual cruise holiday.
They carry an interesting case history which highlights an unusual law governing what happens to money that you donate to someone as a gift; the advice is that large cash gifts can trap the unwary, so sign an agreement in case.
In an interview with Frank Bruno, the former heavyweight who once won $6m doesn’t carry much cash on him in case he gets mugged…
The Sunday Telegraph observes that cut-price buy-to-let mortgages are tempting landlords back into what has become an ailing sector.
There’s a report about wealth managers who earned their fees – and how they did it.
They also reveal that the board of Woodford Patient Capital Trust is keeping shareholders in the dark over whether embattled fund manager Neil Woodford will be fired.
On the same subject, The Mail on Sunday trumpets “There’s still time to do the right thing, Neil” in an impassioned open letter to the stricken fund boss.
If anybody’s worried they may have been mis-sold an annuity, the paper reveals the letter that can help beat the insurance bandits.
It also reports how Thomas Cook did not need to fail and was turned into a ‘zombie’ firm by former bosses who overloaded it with debt.
The best tonic for a portfolio, the paper suggests, is to invest in the brands you know and love, even if there are bumps in the road.
Its FTSE report tells us that sterling, retailing, banks and housebuilders are surging as a Brexit deal finally comes into sight.