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Big increases in how much you will need for retirement
New figures released by the Pensions and Lifetime Savings Association (PLSA) show that the amount we need to save for our retirement has shot up in the last year. Richard Collinson, CEO of Retire Easy, runs the rule on the sums… and explains how to find out if you are on track.
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Make sure you top up your State Pension while you can!
Unsure if you’re on course to receive a full State Pension when you retire? Confused by whether or not it would be worth buying top-ups to fill any gaps? Then, says Richard Collinson, CEO of AAA members RetireEasy, read on.
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Dementia: what legal and financial planning should I consider?
From whether you should be paying for care through to sorting out an LPA, Professor June Andrews looks at some of the key things to consider if you or a loved one have dementia.
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A unique way to pay for residential care… without selling your home
Every year, thousands of elderly people and their families face the conundrum of how to pay for care home fees – which can typically be between £40,000 and £50,000 a year. We talk to Jeremy Nixey of Alliance member Shaw Lifetime Care, part of the charitable Shaw Foundation, about the unique option they offer.
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Can we find a way together to take the financial fear out of growing old?
It’s not that far back in our history, writes Tony Watts OBE, that later life was a time that many people feared because of the financial insecurity. Sadly, and shamefully, an estimated 1.7 million pensioners still live in poverty in the UK.
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Time running out to boost your State Pension
If you’re heading towards retirement and have historic holes in your National Insurance (NI) record, time is fast running out to fill them… and take advantage of the generous DWP scheme which allows people to plug payment gaps.
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Older People’s Advocacy Alliance delivers free resources to help older people speak up
AAA members the Older People’s Advocacy Alliance( OPAAL) have just published a series of free to download checklists, that will enable older people to better prepare for important conversations, and to speak up about their needs and wants.
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Pensioner poverty stalks the streets of the UK’s richest city
London, Britain’s richest city, also has the accolade of leading the pensioner poverty league. By Tim Whitaker, Trustee of Wise Age
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Too old to get travel insurance? Think again!
Many older people can be put off travelling abroad because they feel that it’s too hard to get travel insurance, especially if they have pre-existing medical conditions… but that doesn’t have to be the case.
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Will I have to pay for my long-term care?
Many of us will eventually need, or choose, to move into a residential care setting. But who will pay the bill? Care fees expert Heledd Wyn sets out your rights.
