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cashless society and older people

Financial

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

Cutting down on costs – how to manage retirement

Collaborative Post Many people spend a long time looking forward to retirement. The idea of giving up work and having enough time to do exactly what you want feels luxurious and amazing when compared with the usual daily grind. But the truth is that retirement isn’t always easy, and when it comes to finances it […]

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Protecting older people from tax scams

Today’s scammers try to take on any persona possible to relieve the vulnerable of the contents of the bank accounts, or even their savings and investments. A particular favourite at the moment seems to be fake messages from the tax office, demanding payments or even offering to help with refunds from HMRC. What sort of […]

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Benefits of Over 50s Life Insurance for Your Parents

Collaborative Post Discussing life insurance and funeral plans with a parent is never an easy task. However, when your parents have reached a certain age, it’s incredibly important that you know what your parents would like for their funeral and whether they have a life insurance policy in place. Perhaps your parents have come to […]

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Scamming phone callers asking for payment cards

It’s always wise to be wary of the identity of a person you don’t know when speaking to them on the phone, even if they give you a name or a phone number. If a call you’ve received ‘doesn’t seem quite right’, it’s better safe than sorry. Report fraud or attempted fraud, by contacting Action […]

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Why you need to ensure travel insurance declarations include mental health conditions

We know we need to declare physical conditions and medications when we’re looking for travel insurance, but how many of us think about notifying insurers of mental health issues? Or are even sure what constitutes such a condition? According to AllClear, a specialist medical travel insurance provider, many older travellers aren’t declaring mental health issues […]

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Tax benefits for older people

Do my ageing parents still have to pay tax? What benefits and schemes are there to help them? When you’re helping relatives and friends to manage their finances as they get older, there are several questions you may want to clear up regarding their finances. Tax professionals Tax Rebate Services offer the following pointers. Attendance […]

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