Long-term care in a care home is very expensive, and can quickly erode your savings (including the equity in your property).
For those approaching retirement, timing when to take their pension has never been so important.
‘Nothing can be certain, except death and taxes’ was written by Benjamin Franklin over 230 years ago, and is still quoted today.
In short, it depends where and how you are invested. Since the markets saw a dramatic fall in March, it has been a bit of a choppy ride in general.
A tracker fund is a simple way of investing your money in company shares, bonds, and other assets.
In April 2015, the Government dramatically changed the taxation rules applying to pension scheme death benefits.
Stock markets have been volatile to say the least over the last few months, and in our opinion, will remain so until the Coronavirus pandemic is brought under control and the economic fallout assessed.
When considering the range of protection policies available, the most common policy is ‘life insurance’.