Posted on September 2, 2015 by admin - Uncategorized
People going into care could face bills in excess of the total pension pot they retired with
With the number of retirees going into care rising, research from LV= reveals that many people going into care could face bills in excess of the total pension pot they retired with. Over the last decade, the average length of stay in a care home has increased by 13% from 829 days to 955 days[1] – which equates to two years and seven months. (more…)
Posted on September 2, 2015 by admin - Uncategorized
Only 39% considered providing financial security for their family as essential
Britons consider having an Internet connection and mobile phone to be greater financial priorities than protecting mortgage and income, according to new research. (more…)
Posted on September 2, 2015 by admin - Uncategorized
Taking steps to plan for a better future
Regardless of the life stage you have arrived at, it is important to receive expert and professional advice on your pension plans and requirements. Yet many people spend more time planning their holiday than their own retirement. Perhaps because planning for retirement seems too complicated to think about. But according to people surveyed for BlackRock’s Investor Pulse survey, the biggest financial priority was still ‘funding a comfortable retirement’. (more…)
Posted on September 2, 2015 by admin - Uncategorized
Helping children financially through university may mean resorting to drastic measures
Parents are still very much in need of a reality check when it comes to the true costs of a university education according to the latest annual student debt research by the Association of Investment Companies (AIC) using Opinium Research. And while over two thirds of parents plan to help their children financially through university, many say they have to resort to drastic measures in order to do so, whether it be downsizing the family home (9%) or using their entire cash savings (22%). (more…)
Posted on September 2, 2015 by admin - Uncategorized
Over-50s changing the way they work in later life
If you are approaching your 50s, you may be considering your retirement options. Perhaps you want to work flexible hours and work when it suits you. You might want to be ‘your own boss’ and set up a business or become self-employed. Or you may want to know what your options are for working after retirement. (more…)