Don’t leave tricky money confersations hanging in the air this New Year The Family Financial Tree report from Standard Life looked at the family money tree over four generations and makes some surprising findings. It reveals how families collectively manage and have talked about their personal finances. The findings, based on survey data of over… Continue reading Its good to talk
Category: Protection
Is your nest egg cracked?
Making sufficient financial preparations for the future Retirement savings have plummeted among those aged 55-64 over the past year as the cost of living continues to rise, according to Aviva’s latest Real Retirement Report. The report assesses the impact of financial pressures and concerns across the UK’s three ages of retirement: the 55-64s (pre-retirees), 65-74s… Continue reading Is your nest egg cracked?
In sickness or in wealth
Could you lose thousands from your wages due to sickness? A new report unveiled by LV= reveals that the average Briton spends almost a year (360 days) off sick. With on average 252 days in a working year, this equates to almost a year and a half of their working life. Current health of the… Continue reading In sickness or in wealth
Critical Illness Protection
The diagnosis of a serious illness can mean a very difficult time for your health and your wealth. But critical illness cover can provide vital financial security when you need it most. Most homebuyers purchase life assurance when they arrange a mortgage, but overlook critical illness cover, another form of financial protection that we are… Continue reading Critical Illness Protection
Why it pays to be smart when planning your legacy
Ensure your inheritance goes to loved ones and not the taxman Inheritance tax (IHT) is becoming an issue for an increasing number of people in the UK. None of us likes to entertain the thought of our own death and what would happen to our family after such an event. However, a financial plan for… Continue reading Why it pays to be smart when planning your legacy
Wealth protection
Whatever happens in life, we can work with you to make sure that you and your family is provided for. Premature death, injury and serious illness can affect the most health conscious individuals, and even the most diligent workers can be made redundant. One important part of the wealth management process is to develop… Continue reading Wealth protection
Protection strategy
Having the correct protection strategy in place will enable you to protect your family’s lifestyle if your income suddenly changes due to premature death or illness. But choosing the right options can be difficult without obtaining professional advice to ensure you protect your family from financial hardship. We can ensure that you find the right… Continue reading Protection strategy
Making the right decision
With so many different protection options available, making the right decision to protect your personal and financial situation can seem overwhelming. There is a plethora of protection solutions which could help ensure that a lump sum, or a replacement income, becomes available to you in the event that it is needed. We can make sure… Continue reading Making the right decision
UK Trusts, passing assets to beneficiaries
You may decide to use a trust to pass assets to beneficiaries, particularly those who aren’t immediately able to look after their own affairs. If you do use a trust to give something away, this removes it from your estate provided you don’t use it or get any benefit from it. But bear in mind… Continue reading UK Trusts, passing assets to beneficiaries
A gift with reservation
Making sure the gift is not a gift for Inheritance Tax purposes A gift with reservation is a gift which is not fully given away. Where gifts with reservation were made on or after 18 March 1986, you can include the assets as part of your estate but there is no 7 year limit as… Continue reading A gift with reservation
