diff --git a/README.rst b/README.rst
index cf47bee0..8bbff14d 100644
--- a/README.rst
+++ b/README.rst
@@ -105,3 +105,36 @@ These are:
 
 The start of the filename is the ticket number, and the content is what will end up in the news file.
 For example, if ticket #850 is about adding a new widget, the filename would be ``myproject/newsfragments/850.feature`` and the content would be ``myproject.widget has been added``.
+
+
+Further Options
+---------------
+
+Towncrier has the following global options, which can be specified in the toml file:
+
+```
+[tool.towncrier]
+    package = ""
+    package_dir = "."
+    single_file = true  # if false, filename is formatted like `title_format`.
+    filename = "NEWS.rst"
+    directory = "directory/of/news/fragments"
+    template = "path/to/template.rst"
+    start_line = "start of generated content"
+    title_format = "{name} {version} ({project_date})"  # or false if template includes title
+    issue_format = "format string for {issue} (issue is the first part of fragment name)"
+    underlines: "=-~"
+    wrap = false  # Wrap text to 79 characters
+    all_bullets = true  # make all fragments bullet points
+```
+If a single file is used, the content of this file are overwritten each time.
+
+Furthermore, you can add your own fragment types using:
+```
+[tool.towncrier]
+    [[tool.towncrier.type]]
+        directory = "deprecation"
+        name = "Deprecations"
+        showcontent = true
+```
+
diff --git a/src/towncrier/_builder.py b/src/towncrier/_builder.py
index d862cec5..02bea66b 100644
--- a/src/towncrier/_builder.py
+++ b/src/towncrier/_builder.py
@@ -117,7 +117,7 @@ def prefixed_lines():
 # Takes the output from find_fragments above. Probably it would be useful to
 # add an example output here. Next time someone digs deep enough to figure it
 # out, please do so...
-def split_fragments(fragments, definitions):
+def split_fragments(fragments, definitions, all_bullets=True):
 
     output = OrderedDict()
 
@@ -126,7 +126,14 @@ def split_fragments(fragments, definitions):
 
         for (ticket, category, counter), content in section_fragments.items():
 
-            content = indent(content.strip(), u"  ")[2:]
+            if all_bullets:
+                # By default all fragmetns are append by "-" automatically,
+                # and need to be indented because of that.
+                # (otherwise, assume they are formatted correctly)
+                content = indent(content.strip(), u"  ")[2:]
+            else:
+                # Assume the text is formatted correctly
+                content = content.rstrip()
 
             if definitions[category]["showcontent"] is False:
                 content = u""
@@ -161,6 +168,17 @@ def entry_key(entry):
     return [issue_key(issue) for issue in issues]
 
 
+def bullet_key(entry):
+    text, _ = entry
+    if text[0] == u"-":
+        return 0
+    elif text[0] == "*":
+        return 1
+    elif text[:2] == u"#.":
+        return 2
+    return 3
+
+
 def render_issue(issue_format, issue):
     if issue_format is None:
         try:
@@ -181,6 +199,7 @@ def render_fragments(
     wrap,
     versiondata,
     top_underline="=",
+    all_bullets=False,
 ):
     """
     Render the fragments into a news file.
@@ -213,6 +232,8 @@ def render_fragments(
             # - Fix the other thing (#1)
             # - Fix the thing (#2, #7, #123)
             entries.sort(key=entry_key)
+            if not all_bullets:
+                entries.sort(key=bullet_key)
 
             # Then we put these nicely sorted entries back in an ordered dict
             # for the template, after formatting each issue number
@@ -225,12 +246,25 @@ def render_fragments(
 
     done = []
 
+    def get_indent(text):
+        # If bullets are not assumed and we wrap, the subsequent
+        # indentation depends on whether or not this is a bullet point.
+        # (it is probably usually best to disable wrapping in that case)
+        if not text:
+            return u""
+        if all_bullets or text[0] in "-*":
+            return u"  "
+        elif text[:2] == "#.":
+            return u"   "
+        return u""
+
     res = jinja_template.render(
         sections=data,
         definitions=definitions,
         underlines=underlines,
         versiondata=versiondata,
         top_underline=top_underline,
+        get_indent=get_indent,  # simplify indentation in the jinja template.
     )
 
     for line in res.split(u"\n"):
@@ -239,7 +273,7 @@ def render_fragments(
                 textwrap.fill(
                     line,
                     width=79,
-                    subsequent_indent=u"  ",
+                    subsequent_indent=get_indent(line),
                     break_long_words=False,
                     break_on_hyphens=False,
                 )
diff --git a/src/towncrier/_settings.py b/src/towncrier/_settings.py
index d5093deb..2795babc 100644
--- a/src/towncrier/_settings.py
+++ b/src/towncrier/_settings.py
@@ -64,9 +64,18 @@ def parse_toml(config):
         else:
             wrap = False
 
+    single_file = config.get("single_file", True)
+    if not isinstance(single_file, bool):
+        raise ValueError("`single_file` option must be a boolean: false or true.")
+
+    all_bullets = config.get("all_bullets", True)
+    if not isinstance(all_bullets, bool):
+        raise ValueError("`all_bullets` must be boolean: false or true.")
+
     return {
         "package": config.get("package", ""),
         "package_dir": config.get("package_dir", "."),
+        "single_file": single_file,
         "filename": config.get("filename", "NEWS.rst"),
         "directory": config.get("directory"),
         "sections": sections,
@@ -77,4 +86,5 @@ def parse_toml(config):
         "issue_format": config.get("issue_format"),
         "underlines": config.get("underlines", _underlines),
         "wrap": wrap,
+        "all_bullets": all_bullets,
     }
diff --git a/src/towncrier/_writer.py b/src/towncrier/_writer.py
index d0da0317..5f877dff 100644
--- a/src/towncrier/_writer.py
+++ b/src/towncrier/_writer.py
@@ -11,17 +11,19 @@
 import os
 
 
-def append_to_newsfile(directory, filename, start_line, top_line, content):
+def append_to_newsfile(directory, filename, start_line, top_line, content, single_file=True):
 
     news_file = os.path.join(directory, filename)
 
-    if not os.path.exists(news_file):
-        existing_content = u""
+    if single_file:
+        if not os.path.exists(news_file):
+            existing_content = u""
+        else:
+            with open(news_file, "rb") as f:
+                existing_content = f.read().decode("utf8")
+        existing_content = existing_content.split(start_line, 1)
     else:
-        with open(news_file, "rb") as f:
-            existing_content = f.read().decode("utf8")
-
-    existing_content = existing_content.split(start_line, 1)
+        existing_content = [u""]
 
     if top_line and top_line in existing_content:
         raise ValueError("It seems you've already produced newsfiles for this version?")
diff --git a/src/towncrier/build.py b/src/towncrier/build.py
index 3869afcf..e1fe9b43 100644
--- a/src/towncrier/build.py
+++ b/src/towncrier/build.py
@@ -114,7 +114,7 @@ def __main(
     )
 
     click.echo("Rendering news fragments...", err=to_err)
-    fragments = split_fragments(fragments, definitions)
+    fragments = split_fragments(fragments, definitions, all_bullets=config["all_bullets"])
 
     if project_version is None:
         project_version = get_version(
@@ -152,6 +152,7 @@ def __main(
         config["wrap"],
         {"name": project_name, "version": project_version, "date": project_date},
         top_underline=config["underlines"][0],
+        all_bullets=config["all_bullets"],
     )
 
     if draft:
@@ -167,12 +168,20 @@ def __main(
     else:
         click.echo("Writing to newsfile...", err=to_err)
         start_line = config["start_line"]
+        news_file = config["filename"]
+        if not config["single_file"]:
+            news_file = news_file.format(
+                name=project_name,
+                version=project_version,
+                project_date=project_date,
+            )
         append_to_newsfile(
-            directory, config["filename"], start_line, top_line, rendered
+            directory, news_file, start_line, top_line, rendered,
+            single_file=config["single_file"]
         )
 
         click.echo("Staging newsfile...", err=to_err)
-        stage_newsfile(directory, config["filename"])
+        stage_newsfile(directory, news_file)
 
         click.echo("Removing news fragments...", err=to_err)
         remove_files(fragment_filenames, answer_yes)
diff --git a/src/towncrier/newsfragments/158.feature b/src/towncrier/newsfragments/158.feature
new file mode 100644
index 00000000..4d31938b
--- /dev/null
+++ b/src/towncrier/newsfragments/158.feature
@@ -0,0 +1,8 @@
+There is now the option for ``single_file = false`` and ``all_bullets = false``
+in the configuration. Disabling ``single_file`` causes the filename to be
+formatable using `name`, `version` and `project_date`. Setting ``all_bullets``
+to false means that news fragments have to include the bullet point if they
+should be rendered as enumerations, otherwise they are rendered directly
+(this means fragments can include a header.).
+The ``template-single-file-no-bullets.rst`` file gives an example template
+using these options.
diff --git a/src/towncrier/templates/template-single-file-no-bullets.rst b/src/towncrier/templates/template-single-file-no-bullets.rst
new file mode 100644
index 00000000..dcb1812d
--- /dev/null
+++ b/src/towncrier/templates/template-single-file-no-bullets.rst
@@ -0,0 +1,38 @@
+{% set title = "{} {} Release Notes".format(versiondata.name, versiondata.version) %}
+{{ "=" * title|length }}
+{{ title }}
+{{ "=" * title|length }}
+
+{% for section, _ in sections.items() %}
+{% set underline = underlines[0] %}{% if section %}{{ section }}
+{{ underline * section|length }}{% set underline = underlines[1] %}
+
+{% endif %}
+{% if sections[section] %}
+{% for category, val in definitions.items() if category in sections[section] %}
+
+{{ definitions[category]['name'] }}
+{{ underline * definitions[category]['name']|length }}
+
+{% if definitions[category]['showcontent'] %}
+{% for text, values in sections[section][category].items() %}
+{{ text }}
+{{ get_indent(text) }}({{values|join(', ') }})
+
+{% endfor %}
+{% else %}
+- {{ sections[section][category]['']|join(', ') }}
+
+{% endif %}
+{% if sections[section][category]|length == 0 %}
+No significant changes.
+
+{% else %}
+{% endif %}
+{% endfor %}
+{% else %}
+No significant changes.
+
+
+{% endif %}
+{% endfor %}