Monthly Archives: January 2024
When Did You Last Review Your Protection Insurance?
When buying insurance cover, there is a temptation to renew continually, or some people may look to reduce their premiums. Very rarely do people stop to take account of the changes in their lives since they initially took out their cover, which can sometimes lead to problems in the future. What would you say if […]
Posted in Insurance
Employee Benefits: Using them to Reduce Employee Turnover
As a business owner, staff retention has many benefits in terms of cost and the often unseen consequences of significant staff turnover. Therefore, it is essential to consider the cost of employee benefits against the cost of replacing low, medium and high-level staff. We have seen employers who have decided to cut employee benefits, pushing […]
Posted in Corporate Services
Baby Boomer Generation: The Pros and Cons of Equity Release
While potentially struggling to cover general living expenses, many of the so-called baby boomers may have paid off their mortgage and find themselves sitting on a relatively valuable asset, their home. Consequently, there has been growing interest in equity release, but there are several pros and cons to consider before taking action. Two types […]
Posted in Financial Planning, Mortgage
The Impact of Inflation on Pensions
As we enter 2024, UK inflation is trending downwards, with the latest figure for November coming in at 3.9%. It’s easy to forget that this time last year, UK inflation stood at more than 10%, having hit a 41-year high of 11.1% in October 2022. While still some distance from the Bank of England’s target […]
Posted in Pensions