Research* shows that almost a third of employees in the UK don’t have a financial contingency plan if they were to lose their primary source of income. Are you one of these people? What are you going to do about it? Hoping that getting diagnosed with a critical illness doesn’t happen to you is not a great financial strategy.
The Financial Conduct Authority says that taking cash out of a pension before the age of 65 is becoming increasingly popular. This trend has unfortunately led to pension savers making poor and uniformed choices and even left them open to scams. MPs on the Work and Pensions Committee have launched a wide-ranging review into the retirement income market to look into this whole area.
Four Oaks Financial Services based in Lichfield, Staffordshire is a firm with big ambitions. They have launched their own training academy with the aim of developing the next generation of qualified advisers from their in-house Paraplanning and administration teams.
Lifestyle Financial Planning is an enlightened new approach to financial planning that could change your health and well-being in a much more positive and impactful way than any of the New Year resolutions we are all trying to stick to!
You may assume that if the total of your assets is under the means tested threshold you won’t have to pay for your care. You may also assume that any Financial Adviser can give you advice about planning for long term care.
Unfortunately, both of these assumptions is incorrect.
Our favourite independent insurance broker Prizm Solutions, based in Albert Road have won the national Community Broker of the Year Award (Under £5m) in recognition of their support and contribution to the local community.