-
The most important financial decisions you're likely to make in
your life are those concerning your retirement. To have a secure
future with a comfortable standard of living after you've stopped
working, you'll need to plan your finances carefully.
-
Please note: this article applies to residents of England, Wales
and Northern Ireland and is provided for general information only.
It does not constitute financial advice.
-
It's now unlikely that the state pension will be enough to keep you
living comfortably when you retire. It provides only basic support,
and the government itself is keen to encourage people to save as
much as they can to supplement their state pension and give
themselves a comfortable income in retirement. Combined with better
health in the general population – meaning longer life expectancies
– and dwindling stock market returns over the last decade or
-
Unless you've managed to build up a large private pension or have a
great deal of savings, it's not always easy to get by in retirement
when you're no longer earning. There are various ways in which the
government can help give people of pension age enough money to live
on – here's a concise guide to some of the main benefits.
-
There's a wide range of government benefits to support you as you
bring up your family if you're on a low income and need assistance.
This is a brief guide to some of the key benefits that you may be
eligible to receive.
-
People in the UK owe more money than ever before. As it becomes
easier and easier to borrow, whether in the form of credit cards,
loans or countless other personal finance options, we are lured
deeper and deeper into the debt trap, often to the point where we
face an overwhelming financial burden that we have no means of
repaying. Figures from the Consumer Credit Counselling Service
reveal the extent of this problem – the number
-
A commercial mortgage is similar in principle to a residential
mortgage except it is used to purchase a property or to raise
capital for commercial purposes rather than domestic purposes. As
with residential mortgages, the lender retains rights to the
property until the loan is repaid in full.
-
These days it's difficult to get by without some form of financial
assistance – most of us have loans, mortgages, credit cards, store
cards or other types of debt. Taking out a personal loan is one of
the most common and convenient ways in which to borrow money. There
are two main types – unsecured or secured. Unsecured loans are
loans without any form of security tied to them as a guarantee of
repayment, whereas secured
-
Having children isn't cheap these days, especially in the long term
– the older they get, the more they cost. Higher education prices
continue to soar and it's almost impossible to get onto the housing
market without having some capital or homeowner loans. All of these
things may seem so far ahead, especially if your child is very
young, but now's the time to start saving to ensure you can provide
what your children need further
-
One of a series examining the different types of government
benefits, this guide looks at some of the options available to
assist those who're on a low income and are struggling to support
themselves or their families.
