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Charity
England’s charities watchdog hits out at high street lenders over debanking
...Nick Allaway, a former accountant and trustee of the charity, said he had to call on industry contacts to get the account reopened in January....
March 7, 2024
UK economy
One-quarter of UK buy now, pay later users hit by late repayment fees
...CFC trustee Jane Goodland said: “As the ongoing cost of living crisis continues to impact the British public, it is apparent that many users are increasingly reliant on these schemes, without fully understanding...
January 2, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 14 NovemberNatural History Museum, Cromwell Road, London, UK
UK banks
Iran used Lloyds and Santander accounts to evade sanctions
...For payment.”...
February 5, 2024
Your QuestionsLucy Warwick-Ching
Should I use the travel insurance provided by my credit card?
...In this scenario, unless the trust document says otherwise, there is provision within trust legislation for the personal representatives of a sole or last surviving trustee to appoint a replacement trustee...
March 27, 2024
Your QuestionsLucy Warwick-Ching
How can I maximise my charity donation?
...There are two types of trust you could use, depending on your wishes. The simplest route would be an “absolute” or “bare” trust, which would allow you to name your brother as the trustee....
January 17, 2024
UK politics
UK public trust in political parties collapses to 12%
...Travers also highlighted the cost of living crisis and long NHS waiting lists. There is a “sense that government and I think politics, endlessly over promises and under delivers”, he said....
March 1, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
UK tax
‘Non-doms’ rush for advice on Labour’s tax reform plans
...living in Britain who are domiciled overseas....
April 12, 2024
Camilla Cavendish
Boosting civil society takes more than schmoozing the National Trust
...National Trust Woman will not be easily won over....
January 26, 2024
Your QuestionsLucy Warwick-Ching
Can I be a trustee if I’m the main beneficiary?
...There are many trusts where a sole beneficiary is a trustee and, together with independent co-trustees, has direct decision-making responsibilities for the stewardship of the trust and its assets for the...
August 9, 2023
Philanthropy
Are wealthy UK trusts hoarding their charitable donations?
...“In the years immediately preceding his sad passing given the global pandemic and his age there were understandably fewer trustee meetings than usual,” a spokesperson for the foundation said....
October 23, 2023
Your QuestionsLucy Warwick-Ching
Should I pay rent to my son?
...In essence, you can give some or all of the property to your son and remain living there via three routes....
November 30, 2023
ExplainerFT-Michigan Ross poll
FT-Michigan Ross poll: Why do US voters not trust Biden on the economy?
...But a surge in the cost of living since he took office in January 2021 has led respondents to say they trust his Republican rival Donald Trump more to run the economy....
March 11, 2024
Non-dom tax status
Labour’s non-dom plans a ‘catalyst’ for wealthy to leave UK, say tax advisers
...Labour’s proposals to toughen a planned crackdown by the Conservative government on tax perks for “non-doms” living in the UK would prove a “catalyst” for wealthy foreign nationals to leave the country,...
April 10, 2024
UK immigration
UK dentists warn staff ‘crisis’ will worsen without more overseas recruits
...“There are many dentists like us who want to work for the NHS. Why not make it easier for them?”...
February 18, 2024
UK local government finance
UK government refuses public inquiry into bankrupt Essex council
...They said that “financial failings have led to a breakdown of trust and confidence in the council and have caused local taxpayers to bear the burden”....
April 2, 2024
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
Sunder Katwala
Immigration is an election headache for Sunak
...Yet if this is a “time for a change” election, that will be driven primarily by voters with other priorities — the economy, the cost of living and public services....
March 25, 2024
FT Money personal finance guides
Need to Know: A well-written will makes life easier for your family
...The surviving partner of a cohabiting couple cannot inherit under intestacy, but they can make claims for “financial maintenance” if they had been living with the deceased for two years....
March 28, 2024
Pensions industry
UK businesses to offload record £60bn of pension obligations
...investment committee, and an independent trustee....
January 22, 2024
Letter
Letter: Four steps to unlock UK social capital potential
...Last month, the FT Big Read reported on the fastest rise in the share of children in absolute poverty in the UK for 30 years — with 3.3mn children now living in households where it is a struggle to meet...
April 5, 2024
UK companies
UK clubs and music venues battle midweek blues
...Admission charges, vital for venues with high overheads, have also been a sticking point for young people stung by the cost of living....
March 31, 2024
Private investing
Older investors target growth and technology
...Those who have already committed to a form of income for one portion of their funds may invest less conservatively with another, as well as for reasons of diversification....
March 15, 2024
ReviewBooks
The Axeman’s Carnival — when a magpie steals the limelight
...We have to decide for ourselves since Chidgey is wise enough to leave her story open-ended. Like many a satisfying narrator, Tama doesn’t know quite where he belongs, who to trust, or what he can risk....
April 5, 2024
Sandrine Dixson-Decleve
Growing income inequality is driving public mistrust
...Yet if those gathered in Switzerland are serious about tackling declining trust, they must also raise tough questions about growing inequality. We are living in a time of phenomenal extremes....
January 15, 2024
LexElaine Moore
The Lex Newsletter: OpenAI’s secrecy imperils public trust Premium content
...But the reasons for an exit are not required. Only a fraction are recorded as having been terminated “for cause”....
November 29, 2023
FT Asset Management
Asset Management: Millennium’s succession dilemma
..., and there’s a climate crisis, a pensions crisis and a cost of living crisis....
November 20, 2023

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