Search Results for: savings

Do I need to pay tax on my savings?

10 May 16

Have you received a letter from your bank or building society advising they will no longer...

Calculate whether you owe tax on savings income

05 Nov 15

The way savings are taxed is changing in April 2016 and while it will be...

Supporting Grown Children Affects Savings

18 Mar 15

Parents across the United Kingdom are having to use their savings to financially support their grown...

What’s new in savings for older people?

26 Aug 14

Here’s a round up of the latest developments in savings options Premium bonds – The cap...

How to manage money of an older person you care for

23 Jul 18

Depending on the kinds of difficulties someone’s having with their finances, the help you could provide might involve anything from helping them with bills and paperwork and assisting with their day-to-day money, through to taking on a lasting power of attorney.

FAQs About Arranging Funerals

04 Feb 18

We answer some of the key questions about funerals What should I do if a relative...

How to keep the elderly warm in winter

26 Nov 17

Severe cold snaps can have dramatic effects on everyday life, especially for the elderly. Cold and wintry conditions can...

Top tips to take care of elderly finances

31 Oct 17

There could be a multitude of reasons why someone wants you to step in and help...

Save Money on Technology for Elderly

06 Oct 17

One of the biggest misconceptions about state-of-the-art technology is that it is solely reserved for the...

Managing hospital discharge for elderly

18 Jul 17

If your elderly relative has been in hospital, it should be good news when they are...

What is NHS Continuing Care and how do you qualify?

10 May 17

NHS continuing care is care that is arranged and funded by the NHS free of charge outside of...

How to challenge Continuing Care decisions

17 Apr 17

Continuing Healthcare can be defined as care provided over an extended period of time, to a...

Benefits and tax in retirement

22 Mar 17

Research has revealed* that more than £5 billion of means-tested benefits go unclaimed by retired people...

Helping the Sandwich Generation

01 Mar 17

A recent Money Advice Service report into the “sandwich generation” revealed how squeezed people who provide...

Care Funding, Direct Payments & Personal Budgets Explained

08 Feb 17

Care funding Once the person has been assessed, the local authority can charge for the services...

Funding to adapt older parent’s home

07 Feb 17

You may be able to stay at home longer if your house is adapted to meet your care needs. And there’s financial support available.

Save money with cut back calculator

26 Jan 17

Making savings is never easy, but if you use our cut back calculator, it can help...

How to close your parent’s bank account

31 Dec 16

The steps you need to take to close your bank account vary depending on where you bank and what type of account you have. There are also certain things to think about before you go ahead. Use our plan to make sure that you haven’t overlooked anything.

Calculate cost of elderly parent care

15 Nov 16

Paying for care can be a minefield, so we are here to help you calculate what...

Looking after Mother-in-Law’s Finances

31 Oct 16

David King writes about handling his mother-in-law’s finances I have been officially appointed as the “Financial...

What are the rules for gifting assets?

23 Aug 16

It can be tempting to consider gifting assets to avoid paying for care, but beware of...

Debt in retirement

25 Jul 16

Carrying forward debt into retirement is a dilemma which many people face. At a time in...

Jargon-free A-Z of elderly care terminology

15 Jul 16

When your parents age and you have to start dealing with the problem associated with old...

Top tips to avoid investment scams

14 Jul 16

Investment scams are on the rise, especially amongst older people. Research from The Financial Conduct Authority...

Top tips to make care budget go further

09 Jun 16

Care is expensive, but there are ways in which you can make your care budget go...

What are the new rules for tax on dividends?

31 May 16

New rules on tax on dividends came out on 6th April 2016, changing the way this...

Essential guide to financial planning for older people

05 May 16

People are living longer, but unfortunately, many live for longer in ill-health as well. Whether you...

Why the Tide Is High for Equity Release Schemes

26 Apr 16

You may have heard various stories around the subject of equity release, but what do these...

Dos and don’ts of using gift aid

02 Feb 16

If you pay tax, using gift aid when you donate money to a charity is a...

Self-funding long-term care

28 Jan 16

Few of us can afford to pay the high cost of long-term care out of our...

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