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60 second news round-up: the top money stories of the week

Written By:
Guest Author
Posted:
17/06/2016
Updated:
13/08/2024

Guest Author:
Paloma Kubiak

Missed this week’s big money stories? Here’s our one minute summary of the key facts and figures from the last seven days.

Investing

We looked at whether UK equities are a good investment this year and the reasons why advertising giant WPP was rated stock of the week. Investors know the importance of a diversified portfolio and we looked at whether trends are more important than geography. AIM also comes of age so we look at how the index has fared over the past 21 years.

It’s now less than a week until the EU referendum and we found out that investors trust big name fund managers ahead of a possible Brexit vote, though star fund manager Neil Woodford said the UK economy faces bigger challenges than Brexit.

Pensions

Auto-enrolment has been on employers’ radars over the past couple of years so we answer top employee questions about the scheme. For those who’ve paid off their mortgage, it’s worth putting the money into your pension: it could be worth £40k. We also looked at whether ‘salary supplement’ could be the answer for those nearing the lifetime pension allowance.

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Household bills

With all the negative press surrounding packaged bank accounts, we weigh up whether they’re worth it. We reveal the simple way you can cut your household bills. If you’re thinking about your summer holiday, could the new Travelex Supercard be good for you or should you consider prepaid currency cards?