finance
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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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 […]
Read moreLatest eldercare news
Various policy groups have been setting out how they see social care being funded in the future, including a House of Lord’s committee, a conservative think tank and the Labour party. A new development in the drive to a digital NHS is an app to cut A& E waiting lists. Also in the news: […]
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News bits
Are you taking care of your own finances? We have things you should know about state pensions, wills and allowances. More older people are living alone, with repercussions for their financial well-being. There are continuing issues with the rush to emergency hospital admissions, and long waits for discharge. Latest research on arthritis pain looks […]
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What to do when you become an accidental landlord
Sometimes you can find yourself the manager of a rental property without meaning to do so. You might be helping out an older relative who is struggling to manage their own tenants. Or you might have a relative who wants to let their home to fund care home fees and needs someone to organise the […]
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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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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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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 help your parent find the right buildings and contents insurance
Ashley Shepherd, Managing Director of Over50choices, helps us take a look at the factors your parents should consider when choosing home insurance, providing helpful guides on how to find the right policy to suit their needs. They say your home is your castle, which is probably true when you consider the amount of money we […]
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Saving money on your parents’ energy bills
Latest update for June 2020: For information about how to manage bills and get a better energy deal, visit Citizens Advice. 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 […]
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