Financial news

• Monarch collapse leaves yet another pension fund up in the air

  14-10-2017 19:48
  The state-sponsored pension rescue fund is creaking under the weight of final-salary schemes whose sponsoring companies can no longer support themPensions are the tail wagging the economic dog – sometimes in the strangest ways. Take the high-profile collapse at Monarch Airlines. It’s a sorry story of corporate raiders facing accusations of asset-stripping one of the country’s largest holiday airline businesses and leaving taxpayers to pick up the tab. The once strong, if slight
  
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• In the contactless payment era, why is cash making a comeback?

  14-10-2017 18:40 via theguardian.com
  It’s never been easier to pay without using real money, and yet the value of banknotes and coins in the economyis rising at a rapid rate. Austerity, fear of a looming Brexit apocalypse, or growing criminality may all be behind itAs we enjoy an era of contactless payment, credit cards and bitcoin, Sunday appears set to signal another blow to the longevity of cash. From midnight, the round pound coin, a British institution dating back to 1983, will pass its use-by date. Is cold, hard money g
  
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• Money and marriage: ‘Last year my wife earned 100 times more than me’

  14-10-2017 10:00
  I’m in the vanguard of gender-evolutionary change, and backing her all the way – so why do I feel like a failure?My wife and I are on conference call with our accountant, Ronnie. Ronnie works from a home office on 57th Street, looks a little like Larry David and has the kind of brusque New Yorker manners that border on the brutal.“Kate,” he says, his voice tinny on speakerphone, “it looks like you’ve had another great year. And those pensions are really starti
  
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• The 3 Warren Buffett rules to financial independence - Motley Fool UK (blog)

  14-10-2017 09:52
  Motley Fool UK (blog)
  The 3 Warren Buffett rules to financial independence
  Motley Fool UK (blog)
  Warren Buffett is the world's best investor alive today, and with a fortune of $80bn, he's the world's third richest man. The Oracle of Ohama built his massive fortune investing in some of the world's largest and most successful companies. While these ...
  
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• What should I buy as a christening gift?

  14-10-2017 08:00
  I would like to give my friends’ granddaughter a meaningful, long-lasting presentEvery week a Guardian Money reader submits a question, and it’s up to you to help him or her out – a selection of the best answers will appear in next Saturday’s paper.This week’s question: Continue reading...
  
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• Old £1 coins: don’t get short-changed after Sunday’s switchover

  14-10-2017 08:00
  You will still be able to spend old round pounds after the deadline. Here’s where …British households have got rid of £60m-worth of the old “round pound” coins over the past week – but there are still more than £400m-worth still in circulation – and down the backs of sofas – with just this weekend to spend them.From midnight on Sunday the round pound will no longer be legal tender. Many retailers have made it clear they won’t take them
  
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• Got an app idea? Here’s how to monetise it

  14-10-2017 08:00
  It takes more than a great idea to ensure a financial success. Meet the people who hit the jackpot in the app storeNiklas Hed is describing the moment the billion-dollar app Angry Birds was created. “I was sitting in a meeting with our lead designer, Jaakko Iisalo, who presented 10 new game ideas and talked us through a long written document about each one. Then, right at the end, he showed us this last thing which was only an image – a sketch of some coloured blocks, a flock of bird
  
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• Buster Jack: the eBay vigilantes who are outconning the con men

  14-10-2017 08:00
  A secretive network of ‘bank busters’ have made it their mission to help shut down accounts used by internet fraudstersLike thousands of other truck drivers, the first thing Alan Davies reaches for when he is on a break is his mobile. But unlike his colleagues he’s less interested in the football scores or chatting on Facebook. Instead he is posing as a gullible buyer on eBay with one intention – getting scammers to hand over their bank details, accounts that his group wi
  
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• Insecurity, fear, uncertainty: the harsh truths about renting – share your story

  14-10-2017 02:12
  More than half of all Australians will rent accommodation, but regulations make securing long-term housing a lottery Share your renting horror stories with us Susan Fisher* is living in limbo. The Melbourne-based accountant was renting a house in the city’s inner west when she was abruptly served an eviction notice in late June. She had moved into the property at the beginning of the year after being evicted from another Melbourne house at the end of 2016. Continue reading...
  
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• UK Financial Conduct Authority Issues Urgent Reminder on ... - JD Supra (press release)

  14-10-2017 01:23
  UK Financial Conduct Authority Issues Urgent Reminder on ...
  JD Supra (press release)
  The Financial Conduct Authority has issued a press release informing firms that applications to the regulator for authorization or variation of permission in time ...en meer »
  
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