Posted by: WealthIFA | July 23, 2010

Financial News Update we 23/07/2010

I hope you are well?…

Sad news this week as the UK’s oldest person dies (see below) but, it is a stark reminder that living to an age of 100 plus is no longer an “out of the ordinary” achievement and, as such, we should all be preparing for a longer retirement than perhaps previous generations would have?….

Grandmother dies as UK’s oldest person at 111 http://ow.ly/18cp39

Other news this week….

Estate Planning

Useful e book available on updates to UK Inheritance Tax Act 1984 http://ow.ly/18cbkY
What’s the best way to leave a legacy in a will for conservation causes? http://bit.ly/aeYdHF
Probate – resulting trust and joint bank accounts http://bit.ly/baqvW0

Long Term Care

NHS reforms: Is Andrew Lansley’s brutal surgery really needed? http://ow.ly/18bcAc
Government unveils team tasked with finding ways to fund long-term care http://bit.ly/ahqPwT
Elderly and Disabled Put at Risk by Cuts in Home Care http://ow.ly/18drgj
Long-term care: get the best deal now http://ow.ly/18e6Mn

Retirement

Pensions: Approval for changes to academics’ scheme http://ow.ly/18fxCz
Equitable Life compensation ‘coming in 2011’ but limited to £400-500m http://bit.ly/98eqXu
Pensions: Is your scheme affected by the switch to CPI? http://bit.ly/cIQKJ6

Investments

National Savings withdraws products http://bit.ly/9yaAvh

There will be no update next week so have a great weekend and see you in a few weeks!…

Regards
Kieron

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