One of the most difficult conversations you probably will have with your parents is what plans have they made for their financial future. It’s a balancing act between your parents feeling that they are not losing financial control and you being aware that they have some form of plan in place. All this while [...]
If you are nearing retirement you might feel a little rattled after all the changes that are happening. What type of pension do you have? If you are lucky enough to have a defined benefits pension, sometimes referred to as a final salary scheme then your pension income in retirement will be unaffected. However, [...]
By Rachel Efetha, Chartered Financial Planner with Anstee & Co. Whilst the 40 somethings parents and grandparents enjoyed a job for life and a pension from their employer based on the number of years service and their final salary. This, along with a state pension at 60 for women and 65 for men, most non-public [...]
