Gifts for grandchildren
Article Abstract:
There are a number of different ways in which people can plan for a financially secure retirement. It is important to ensure that tax is not being paid unnecessarily, and to claim back any tax which may have been paid in error. It is worth considering investing in corporate-bond PEPs, as these provide a more consistent income than that generally offered by unit trusts or equity-based PEPs. In addition, it may be worth saving money in a Tessa, even for people who are not eligible to pay tax.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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Prescription for a young doctor: Start thinking about retirement
Article Abstract:
It is important to make plans for a secure financial future early in a career, even if events such as retirement seem many years away. It is worth contributing as much as possible to a pension scheme, perhaps through purchasing added years in an occupational scheme or by contributing to an occupational scheme's additional voluntary contribution scheme. It is also important to have a realistic amount of life assurance and critical illness cover.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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Ways to protect your income
Article Abstract:
Financial planning must focus on protecting the individual's life, health and income. Life assurance may not be necessary for people who are financially independent and have no dependents, but it is vital to protect future income. It is worth considering an income replacement insurance scheme or a critical illness insurance policy, or possibly both. For savings, the two main approaches are a unit trust, ideally within a PEP, or an endowment.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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