When there's a will

Article Abstract:

Partners who are living together but are not married should take care to ensure that financial penalties will not arise for the remaining partner if one of them dies. It is vital to make a will, and they should ensure that ownership of any property is in joint tenancy. Any personal pension plans should be left in trust to the other partner. If there is any spare money available, it is best invested in critical illness insurance and topping up pension policies. Any money remaining should be placed in a personal equity plan.

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Healthy future

Article Abstract:

There are a number of ways in which individuals can boost their income during retirement. These include making payments into a personal pension plan based on doing a small amount of work during retirement. The benefits may be taken straight away if required. When planning for retirement, it is important to ensure that contributions to pension plans are at maximum levels. It is also worth maximizing investments which provide tax free benefits and building up cash savings to meet unexpected demands.

Finance, Retirement

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