Managing money
Day-to-day financial management
Banking scams, refunds and protecting the vulnerable
Financial scammers are ingenious and credible, and they prey on the vulnerable. That makes older people particularly susceptible. A new scheme should help to combat this form of fraud. Older people tend to be more trusting, and less informed about the methods that criminals will use to relieve them of their savings. And it is […]
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What does the Autumn 2018 budget mean for older people?
We take a quick look at the Autumn 2018 UK budget to see what is likely to affect older friends and family – and what leading charities and commentators made of it. Didn’t budget statements in the UK used to come round just once a year? Or did we imagine that? Either way, a […]
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Tips on safely managing money for the less mobile
Handing over a bank card to someone else is a breach of Ts&Cs. So how can those with limited mobility withdraw cash and manage money? Helen Doyle, Head of Policy & Research at the Payments Council, offers some advice. Managing finances can be tricky at the best of times, but imagine finding yourself unable to […]
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How to manage your parent’s financial affairs
Associate Solicitor Stuart Adams, from Penningtons Manches LLP, shares his advice on how to deal with organisations such as banks, building societies and utility companies on your parent’s behalf when there is no Power of Attorney in place. While it’s your parent’s right to manage their own financial affairs, advancing age, illness or disability can […]
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Saving money on your parents’ energy bills
This article has been updated in January 2019. Schemes and prices change all the time. For up-to-date information, it is worth visiting the Money Saving Expert’s website. We’ve searched far and wide to find some useful information that may save your parents a bit of money on their energy bills. Whether you or your […]
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Summer energy saving tips for your parents
There will forever be tips out there for saving energy in the winter months, but did you know there are steps you can take to prevent your parent’s energy bill soaring in the summer? Whether your parents are turning up the air conditioning, using more water to run showers or using more electricity to power […]
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Heating guide for your parents and grandparents: how to stay warm and save money this winter
Heating a home in winter can be expensive. Rix Petroleum offers tips for keeping rooms comfortable and draughts at bay without spending a fortune. Britain’s elderly are hit the hardest by the cold at winter. In fact, according to Age UK, in winter an older person dies every seven minutes due to cold temperatures. It’s […]
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