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Financial Mis-Selling: Has Anything Really Changed?

Category: Uncategorized

In 1720 hundreds of people were ruined when the ‘South Sea Bubble’ collapsed. The share price of the South Sea Company had been inflated to ridiculous levels by insider trading: bribes were paid to politicians, some people got rich, far more were ruined and considerable damage was done to the national economy.

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Baby boomers regret

Category: Uncategorized

Research by Standard Life has evidenced that people in Britain’s baby boomer generation, now approaching retirement,  say that their biggest financial regret is not starting saving for retirement earlier.

Nearly one in seven (15%) of adults responding, admitted wishing they had started a pension sooner, with the figure rising to one in five for those approaching retirement.

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More women in work due to rising female pension age

Category: Uncategorized

Since April 2010, the age at which women can first receive a state pension has been rising from 60. It is currently at 61 years and 5 months and is due to rise to 66 by 2020. So far, this change has played a part in increasing employment among those women directly affected by the reform.

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Stuck on the first rung!

Category: Uncategorized

The third annual ‘Second Steppers’ survey and report from Lloyds TSB, indicates that little has improved in the past year for those first-time sellers looking to take the second step on the housing ladder.

Almost two thirds of second steppers (61%) wanted to move up the ladder in 2012 but were unable to do so as they faced an increasing number of challenges.

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Probate and a ‘Grant of Representation’

Category: Uncategorized

The right to deal with the estate of someone who’s died is called ‘Probate’. When someone dies, to gain the legal right to deal with the person’s Estate  - their property, money and possessions - you may be able to apply for a ‘Grant of Representation’.

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Planning how to pay for a care home

Category: Uncategorized

When moving into, or helping a loved one into a care home, you need to fully understand about costs and affordability, including what the state provides. Paying for a care home place is often a family concern and it may be essential for everyone involved to have a good understanding of the issues.

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