Posted by: WealthIFA | May 27, 2011

Financial News Update we 27/05/2011

I hope you have had a good week?

All this talk of “super injunctions” – as well as the controversy surrounding them – this week has got me thinking… no matter how much money you have, it does not necessarily guarantee happiness does it? Perhaps that is stating the obvious to most; after all, no one would be foolish enough to think otherwise would they?…

What it does go to prove though is that the more money you have the more choice you have… and, unless you are fortunate enough to be a particularly talented footballer, golfer, singer etc (being paid accordingly!), in order to achieve the “more money = more choice” scenario, most of us have to plan ahead.

Money does not buy happiness or even an automatic right to it – that has to come from somewhere else – but it does help us expand our options.

Perhaps it is too early in the morning and I am thinking too much about this but sometimes, it is the simple basics that are required initially, in order to build the more complicated solutions? As my grandmother used to tell me “from little acorns….”

So, do you have a plan for your financial future or are you leaving it all to chance?

This Week …

Estate Planning

Many people ‘seeking estate planning guidance online’
Hastings Bass decision will lead to more legal action against trustees and their advisers

Long Term Care

Britain’s bill for elderly care ‘to cost a fifth of GDP’ by 2050:
Alzheimer’s sufferer faces eviction from care home in funding row
OECD: paying for care of elderly out of income is unaffordable
Alzheimer’s Society comment on OECD report
UK funding cutbacks fuel crisis in care homes


Pension incomes reach 2½ year high (very slow link?):  
Retirement planning ‘lacking’, says HSBC report


Nationwide hits out at NS&I’s inflation bond

Have a great bank holiday weekend!



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