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cashless society and older people

Financial

Advice and experience to help you support and protect your parents and their rights.

The Next of Kin Myth

There’s a strong belief that if someone loses capacity to make decisions for themselves for some reason – perhaps an accident or dementia – then the next of kin can take responsibility. But actually both the concept and the rights of next of kin are not as clear cut as we might think. Here are […]

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Underpaid State Pensions affect 134,000 people

In the continuing sage of the people who were underpaid State Pensions to the tune of £1billiion, it’s now thought that around 134,000 mostly women have been affected. The catalogue of errors that created the shortfall, uncovered originally by This is Money, has been heavily criticised by the National Audit Office. The problem has seen […]

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How to Protect Your Valuables as You Get Older

Collaborative Post Keeping track of all of your possessions can be difficult as you get older. You might find that you’re constantly misplacing items, and have to spend five minutes rooting around for your keys every time you leave the house. For smaller, more valuable items, this problem is even more pressing, as these are […]

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The pros and cons of equity release

Collaborative Post Equity release helps provide homeowners with a sum of money or an income in exchange for part of the value of their home. It’s ideal for people above the age of 55 who need an injection of cash to help supplement them, but don’t want to sell their home. Why do people choose […]

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Tips for Helping a Relative Financially Prepare for Retirement

Collaborative Post Preparing for retirement could be a stressful and challenging time for an elderly person. Although retirement can be an exciting milestone to reach, the transition into this new stage of life is very difficult for some. If you have an elderly relative who is currently preparing for retirement, then there are a number […]

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The importance of having an up-to-date Will

Once we finally get around to writing a Will, it’s very easy to put it in a drawer, marked ‘Job done’, and forget about it. Our expert guest blogger explains why that approach could mean problems later, and why it’s important to make sure a Will is current and clear.  The date of a Will, […]

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