Could helicopter money or universal basic income fight coronavirus?

Britain has joined the rest of the world in pushing the pause button to try to combat the coronavirus pandemic. This has sent the economy into uncharted waters and could lead governments and central banks there too, as they try to pull off rescue plans big enough. Highly unusual financial measures including helicopter money, people’s … Read more

Insurers are pulling income protection insurance in the wake of the coronavirus outbreak

Insurers are pulling income protection insurance due to the coronavirus outbreak – and some are looking for ways NOT to pay out if you get sick Insurers pull out of the income protection market as coronavirus spreads Those still offering it reportedly planning to introduce coronavirus exclusions  This means new policyholders won’t get a payout … Read more

Dividend Heroes 2020: Investment trusts boosting income since Light My Fire

In need of a stock market champion? SIMON LAMBERT on the Dividend Hero trusts that have boosted payouts since The Doors sang Light My Fire By Simon Lambert for Thisismoney.co.uk Published: 06:00 GMT, 19 March 2020 | Updated: 06:00 GMT, 19 March 2020 If ever there was a time when investors needed a hero, it’s … Read more

NORTH AMERICAN INCOME: The fund that Trump needs to succeed 

NORTH AMERICAN INCOME: The fund that Trump needs to succeed By Jeff Prestridge for The Mail on Sunday Published: 23:47 GMT, 14 March 2020 | Updated: 23:47 GMT, 14 March 2020 Not even the somewhat conservative portfolio underpinning investment trust North American Income has protected shareholders from the sharp market correction in the US triggered … Read more

Merchants rewards investors with 4.8% income and growth

MERCHANTS: Investment trust rewards investors with 4.8% income and growth as it benefits from UK shares on the rise £700m fund invests in UK stocks and is on track for 38 years of dividend growth Over the last 12 months it has returned 21% Only 3 rival UK equity income trusts have delivered better total … Read more

FRANKLIN UK EQUITY INCOME FUND: Be bold – and keep buying, says fund chief 

FRANKLIN UK EQUITY INCOME FUND: Be bold – and keep buying, says fund chief Morton By Jeff Prestridge for The Mail on Sunday Published: 23:46 GMT, 7 March 2020 | Updated: 23:46 GMT, 7 March 2020 Colin Morton of Franklin Equity Having run investment fund Franklin UK Equity Income for the past 25 years, manager … Read more

Richest retirees have an income 17 TIMES bigger than poorest

Richest retirees have an income 17 TIMES bigger than poorest – and gap has almost doubled since 2010 Poorest retirees’ private pensions pay £2,260 a year, and richest get £38,940  Pension incomes rose 54% for poorest since 2010, while richest saw a 74% rise Gap has widened from £20,950 in 2010-11 to £36,680 in 2018-19  … Read more

TRUST WATCH: Jupiter Emerging and Frontier Income

JUPITER EMERGING AND FRONTIER INCOME: Investing in firms exposed to emerging markets and even smaller frontier markets By Daily Mail City & Finance Reporter Published: 21:50 GMT, 6 March 2020 | Updated: 21:50 GMT, 6 March 2020 What is it? This trust from Jupiter aims to provide investors with an income, by investing in companies … Read more

Sajid Javid reveals his plans to reduce income tax basic rate by 2p in the next Budget

Sajid Javid reveals his plans to reduce income tax basic rate by 2p in the next Budget as well as cuts to stamp duty and relief for capital investment Sajid Javid said he planned a tax cutting plan which included a stamp duty cut  The former chancellor resigned during the cabinet reshuffle earlier this month  … Read more

Lady Jude Cisse swaps lives with a family-of-eight with income of £450 a week

A former WAG who manages a £6 million property portfolio visited a cramped caravan park with her three children as they swapped lives with a struggling family-of-eight from south London for a TV experiment. ‘Lady’ Jude Cissé, took her three children Cassius, Prince, and Marley to Devon where they had to survive on a tight budget … Read more