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Category: Uncategorized
The European Court of Justice has ruled that from 21st December this year, insurers wont be able to use a persons gender as a factor in calculating the cost of their insurance.
Statistically, women live longer than men so they've typically had lower rates for life insurance. This will no longer be the case.
Category: Uncategorized
No-one who is going through a divorce finds the process easy: it’s long, messy and almost always painful. Even if there are no children involved, divorce is a procedure that takes its toll on both sides: the acrimony, the paperwork – and the inevitable meetings with your solicitor.
Category: Uncategorized
Ongoing concerns over NHS reform are causing more people to think about taking out private medical insurance (PMI). The benefits of PMI are well-known: prompt access to diagnosis and treatment (bypassing sometimes lengthy NHS waiting lists), your choice of consultant, and hotel-like accommodation in clean, modern hospitals.
Category: Uncategorized
According to the latest statistics, yet again we hear that at least 60% of us do not have wills! In this age of divorce, debt and increasing taxes, that’s a very worrying number. Sadly, it seems that the majority of us are under the usual misconception that “my wife/husband/children will get everything when I die”!
Category: Uncategorized
The annual allowance for tax-privileged pension saving was reduced from ÂŁ255,000 to ÂŁ50,000 in the 2011/12 tax year. Now the lifetime allowance on money that can be accrued in a pension fund and still receive tax relief, for tax years 2012-13 onwards, will be reduced and is set to fall from ÂŁ1.8 million to ÂŁ1.5 million from April 2012.
Category: Uncategorized
Historically, many people chose to contract out of the State Earnings Related Pension Scheme using their money purchase pension. Put simply, this meant that the money that would have gone into SERPS went into their personal pensions instead – effectively, they were swapping known benefits from the Government for unknown (but potentially greater) benefits from their own pension scheme.
