Posted by: WealthIFA | September 24, 2010

Financial News Update we 24/09/2010

Hope you have had a good week?…

I read recently that the number of over 85’s in the UK is expected to double in the next 20 years… talk about adding fuel to the fire. State budgets cannot cope with the current demand for the elderly, so how will they cope going forward?

This is an article I saw in a coffee shop yesterday and thought it really is a sad state of affairs when an RAF rear gunner whose plane was shot down in 1944 (he then became a German PoW for over a year), who is now 86, with three forms of cancer is ‘refused NHS nursing care because he’s not ill enough’ and judging by the comments listed it would seem many others agree… http://bit.ly/cgWVlO

Anyway I hope the following articles are of interest and that you have a great weekend!

Estate Planning

So what does the typical UK taxpayer look like?http://ow.ly/195XSn
Death, taxes and keeping it in the family http://ow.ly/196TyE
Parents won’t have wealth to pass on, report says http://bit.ly/9EetrI
Legal Services Board begins search for examples of dud will-writers http://bit.ly/bOSNc1

Long Term Care

Care home shuts after cash crisis http://bit.ly/a7NoUq
Lynda Bellingham on her mother’s Alzheimer’s: http://bit.ly/aNiHIA
South East Care Home awarded 2 stars http://ow.ly/195ipv
Turn care homes into cybercafés, says Fact http://ow.ly/195Ev4
“Dementia is one of the costliest illnesses” in the UK http://ow.ly/195PkF

Retirement

Support for ending compulsory annuity purchase calls for bigger changes http://ow.ly/1935co
UK tops EU league for gap between savings and comfortable retirement http://ow.ly/196CrI
Brits Do Not Have Pension Plans… http://bit.ly/96RSrw
Bank’s money printing programme to boost economy hits pensions http://ow.ly/1947kd
Get paid more for being unhealthy http://ow.ly/198Apm

Investments

Investors warned over bonds http://ow.ly/193jKQ
How savers can cope with rising inflation http://ow.ly/1947kc
Inflation has eaten £8 of every £100 saved http://ow.ly/196VON
Octopus investors targeted in ‘Boiler room’ scam http://ow.ly/1972ky

Regards
Kieron

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