Winter can bring unexpected damage, so check you have adequate home insurance. Be prepared for floods, freezing temperatures and high winds. Keep your boiler well maintained with an annual service and check your home for fire hazards.
Research into the UK’s Baby Boomer generation found that only 40–50% are on track for a moderate standard of living in retirement. Plus, those who receive financial advice are significantly more retirement-ready, underlining the importance of planning ahead.
The retirement landscape – hybrid working changes the scene
Hybrid working and a phased approach to retirement can make transitions easier. Reducing work hours after 66 can help to boost your pension pot, while financial advice ensures your retirement plans remain on track for long-term security.
Clients are tuning in to intergenerational planning
The UK is expected to see a significant shift in assets passed down to younger generations over the next 30 years, prompting an interest in intergenerational planning.
Many people in their 30s and 40s lack sufficient life cover, despite major financial responsibilities. With the right advice, protection is achievable, and essential, to ensure your loved ones are financially secure if the unexpected happens.
Women are twice as likely than men to not have a life insurance policy, mainly due to knowledge gaps and concerns about affordability. But adequate coverage offers vital financial support to loved ones if the policyholder dies during its term.
Joint, dual, individual: understanding your life insurance options
Joint life insurance may seem like the easy choice, but it only pays out once and can complicate things if your relationship ends. Dual life insurance cover is an alternative to individual and joint policies. We can help evaluate the different life insurance options.
