Financial
Advice and experience to help you support and protect your parents and their rights.
Nationwide phases out paper passbooks – worrying for older customers or not?
Nationwide Building Society is due to eliminate passbooks in their current form starting February 2025. This move is said to be part of a broader initiative to modernise its services. Current Status of Passbooks New Accounts: Nationwide has already stopped offering new passbook accounts. Usage: Only 2% of Nationwide’s 16 million customers, roughly 120,000 members, […]
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What to Do if You Lose Your Health Insurance in the UK
Collaborative Post Losing health insurance can be daunting, particularly in the UK where the healthcare system is experiencing significant changes. This guide will provide you with structured and detailed steps to navigate through such a challenging situation effectively. Understanding the Current Landscape In recent years, the UK health insurance market has undergone significant changes, with […]
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How Can You Create a Sustainable Income Plan for Retirement?
Collaborative Post Creating a sustainable income plan for retirement is essential to ensure financial stability and peace of mind in your golden years. A well-thought-out retirement income strategy aligns your future financial needs with your income sources, ensuring you don’t outlive your savings. This involves a mix of understanding your expected expenses, exploring consistent income […]
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How to Get Living Benefits from Your Life Insurance in Ireland
Collaborative Post Life insurance is traditionally seen as a financial safety net for loved ones after the policyholder’s death. However, many people are unaware that certain life insurance policies offer “living benefits”, which can be accessed while the policyholder is still alive. In Ireland, understanding how to leverage these living benefits can provide significant financial […]
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How Do Irish Pensions Differ from UK Pensions?
Collaborative Post Understanding pension systems is crucial for planning your financial future, especially if you’re considering moving between Ireland and the UK. Both countries offer pension schemes designed to provide financial security in retirement, but there are notable differences in how these systems operate. In this blog, we’ll explore the key distinctions between Irish pensions […]
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How dangerous is it to remove asbestos?
Collaborative Post Starting on a construction project often feels like things are going to be pretty simple. Whether you’re painting the ceiling or replacing your garage roof, you rarely start these kinds of projects with an appreciation for how risky certain parts of that process might be. One risk factor that you’ll need to take […]
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What is Carer’s Allowance and how can I claim it?
If you’re in the UK you could get £76.75 a week in Carer’s Allowance (March 2024) if you care for someone at least 35 hours a week. That makes it a pretty full-time job, although some people do fit part-time working into their day as well. There are rules. You can’t share a Carer’s Allowance […]
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The different ways to manage your savings
Collaborative Post The importance of managing savings You might think that the act of keeping money aside each month is sufficient to save effectively. However, how you store your money is just as important to ensure these funds retain their value. As most standard bank accounts don’t have interest rates that equal or exceed inflation, […]
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What are the situations when I might need the help of a no-win no-fee solicitor?
Collaborative Post When you’re injured and it isn’t your fault, you may feel as though you deserve compensation. However, the process of getting it can be daunting and the legal jargon can make it more difficult for some individuals. The term no-win no-fee is one you’ll usually see surrounding personal injury or medical negligence claims, […]
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Legacies and wishes – common choices in wills today
If you’re planning to write a will, you may find it useful to know what other people have been deciding for their own planning purposes. Will Suite, a provider of software that helps professionals create legal documents, has analysed over 200,000 wills in England and Wales, to produce a report highlighting today’s trends. Who is […]
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