Posts Tagged ‘Financial Advice’

Life Insurance: How to buy, and how much to buy

Monday, February 15th, 2010

Despite warnings about the dangers of buying life insurance cover online, buying life insurance has never been easier, with the availability of quality independent financial advice. In fact, as the cost of cover has come down in recent years, today’s life insurance deal can be cheaper than the life cover you bought 10 years ago, even though you are older.

Uninformed consumers lose thousands on pensions annuities

Thursday, February 11th, 2010

pensions annuities

A lack of understanding of pensions annuities can lead to uninformed choices that cost thousands, according to Aviva. Retirees need quality financial advice to ensure they buy the annuity that is right for them.

Pensions plummet 70% since 2000

Wednesday, February 10th, 2010

A pensions saver who contributed £100 per month to their pension pot over 20 years would have achieved a retirement income of £9,000 per year, if they had retired in 2000. The same pensioner retiring on 20 years’ savings today would have an annual income of just £2,500, a drop of 70% over the decade.

OFT highlights need for financial advice on life insurance, critical illness insurance

Monday, February 8th, 2010

An Office of Fair Trading study into ’small print’ in contracts is likely to focus on life insurance and critical illness insurance, emphasing again the value of independent financial advice.

Consumers demand independent financial advice on pensions, savings and investments

Thursday, February 4th, 2010

Consumers draw most on quality independent financial advice when setting up or re-investing their pensions, or managing savings and investments, new data shows.

Family Financial Planning: University for your new baby could cost £64,000

Friday, January 29th, 2010

Financial Planning for University

The cost of sending a child born this year for a 3-year course at university in 2028 is likely to top £64,000. University costs have already reached £42,000 in 2010, and are rising every year. To manage such a substantial challenge, forward thinking and family financial planning are crucial.

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