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Category Archives: Later Life Financial Planning

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Will My Life Insurance Pay for A Funeral?

One of the most startling financial facts in the United Kingdom, is that the average cost of a funeral has risen by no less than 80 per cent in the last decade. While the BASIC fees now equate to £3,456 pounds, other expenses such as memorials, catering and flowers can add a hefty 2,000 pounds […]

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Retirement in Jeopardy: The Upcoming Pension Challenge

There are some individuals who may stand to lose thanks to recent changes in the government’s pension plans. As weekly payments are soon to be set at £155 pounds, such a flat rate has many worried. Although the government claims that such a system will be much easier to understand, certain groups could be worse […]

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Do I Have Enough Income to Retire Comfortably?

Will you have enough money when you retire to provide for yourself and for those around you? This is actually quite a common question, for a recent study highlighted that only 48 percent had considered this topic. One reason for this is that you might be considering the overall nest egg as opposed to how […]

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Care Funding Advice Examined by Experts in the UK

Care Funding Advice – Experts take a look at elderly care in the UK. This NHS article takes a look at care funding advice and highlights care services in the United Kingdom. In most cases where care is provided, there will likely be a portion that you are required to pay. Your local authority may […]

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Tax-Free Family Gifts: What You Need to Know

Making tax-free family gifts is something that you may wish to consider sooner or later. Obviously, the amount you decide to give and the item is ultimately up to your discretion. However, what exactly is termed to be “tax-free” and how can you be certain that you are approaching this task correctly? Let’s take a […]

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