A relevant life plan is an in case of death in service insurance scheme for an employee paid for by the employer. It is designed to pay out a lump sum should the employee die or be diagnosed with a terminal illness. Should a small business be looking for new high level staff it can […]
Is there a shock in store for your retirement?
According to the latest research under-40s could face a 148% rise in the cost of retirement living, over-45s also need to be prepared for financial shocks that could change their retirement plans. monthly retirement spending to rise from £1,183 to £2,930 by 2050 (For pensioners who do not rely on state pension) 42% of over-45s […]
Help To Buy ISA
One of the basic rules of thumb of property buying is that you want to be able to put down as big a deposit as you possibly can. One reason for this is that bigger deposits are looked on very favourably by mortgage lenders and can help you to get a better mortgage deal. In […]
Pension changes Should you top up?
The value of a state pension is set by the government. Currently it is based on the amount of National Insurance contributions retirees have paid during their working life. The value of a private pension pot depends on three basic factors. Firstly, how much money has been saved into it. Secondly, how long the money […]
Should You Consider Private Healthcare?
The NHS is part of the fabric of UK life and yet there is also a thriving private health insurance industry. Why is this and should you be looking at private healthcare insurance for you and your loved ones? Healthcare insurance may give you more control over when you are treated While TV dramas may […]
Financial Resolutions You Should Make for 2016
With the new year nearly upon us, here are some resolutions to make for 2016 and to keep for the whole year and beyond. Start by looking after your pennies You know the old saying “Look after your pennies and you pounds will take care of themselves.”. It is not entirely true, you do need […]