Posted by: WealthIFA | May 13, 2011

Financial News Update we 13/05/2011

Good Morning

I hope you have had a good week?

It may have been a bit of a struggle for some, having been the first 5 day working week in almost a month but I am sure we will all get used to it again soon?!

It’s a welcome return for National Savings Certificates this week and, although the investment has some limitations, expect a rush of people eager to secure a return designed to help investments keep pace with inflation…

Recent, as well as shortly expected, reports focus on the need for people to consider the funding they will require in later life when it comes to basic living as well as paying, for those affected, the cost of long term care – will there be provision from the government and, if so, what will it look like?

Well, I am off to rest for a few days and prepare for the next 5 day working week  – isn’t it about time we had another long weekend?!!

Have a good weekend!

This Week …

Estate Planning

Estate Agents partner faked Will:
Osborne promises abolition of 50 per cent income tax:

Long Term Care

Law Commission: current legal framework an “incoherent patchwork of legislation”
Dilnot Commission: elderly care costs could be capped:
Research predicts overloading of care homes:
Councils axe £1bn of funding for elderly and disabled care:
Taxpayers may have to pay new levy to meet future cost of care homes:


Is a pension right for 20% taxpayers?:
Lower annuity rates ‘will face next generation’:
UK retirement savings deficit now £9TRILLION:


UK faces £9 trillion savings shortfall
£1bn Isa boost for investment funds:
NS&I index-linked saving bonds are back!:
National Savings and Investments’ inflation-beating account angers banks:



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