Did you know: that as a result of long-term illness or injury, statistics show that 59% of people would last less than 12 months without their income, and 43% would struggle within 6 months?
Statutory Sick Pay is currently £116.75 per week.
Did you know: that you can nominate beneficiaries for your pension? This ensures that, when you die, any unused pension pot isn’t lost and can pass on according to your wishes.
The recent Budget has focussed attention on what happens to a pension when the pension holder dies.
Seek support to maximise gift aid opportunities
A new report has highlighted a multi-million pound funding gap caused by inconsistent take-up of Gift Aid – which is shocking when many charities are struggling to make ends meet.
Did you know: that since 2015, ‘pensions freedoms’ allow you to access your pension pot from age 55?
You can take it as a lump sum, drawdown regular amounts or buy a fixed income with an annuity.
Did you know: that life expectancy is increasing, which means you might need a larger pension pot to maintain your ideal lifestyle in retirement?
Advances in medical science, coupled with healthier lifestyles, means that average life expectancy continues to rise. In the ten years from 2011 to 2021, average life expectancy grew from 80 to 81½.
Is now the time to consider the advantages of grain co-operatives?
With grain prices depressed at harvest and only getting worse since and potential inheritance tax changes reducing the want for significant investment in storage, 2025 may be the year for more farms to become part of a grain co-operative.
Did you know: that Income Protection Insurance can replace up to 70% of your income due to illness or injury?
Statutory Sick Pay is currently £116.75 per week. That is less than a third of the weekly take-home pay of someone on the adult minimum wage.
Did you know: that only about 35% of UK adults have life insurance, despite its importance in providing for their families?
There are two main reasons that people take out life insurance cover – but many should be considering it for other purposes.