Archive for April 2017

Should I Save or Invest my Money?

It’s always a sensible idea to think of your future finances, but the trouble for most people is deciding between whether to save their money or to invest it.
Saving typically involves putting money aside to pay for something specific, such as a house deposit, holiday or to have in the event of an emergency, like a car crash. Savings are typically held in banks, building societies or even your personal piggy bank at home.
Investing on the other side is the process of buying stocks, property or shares in the hope that they will increase in value and make you more…

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Will the Bereavement Support Payment Regulations affect your family?

The House of Commons has recently passed on the Bereavement Support Payment Regulations paper, despite receiving thousands of letters against the overhaul. This means that anyone who submitted a claim after April 6th 2017 could be affected and it is thought some families will be left up to £12,000 worse off under the new changes! This is why it’s even more important to ensure you have financial protection in place to support your family in the event of your death.
Bereavement Support Payment Regulations 
The new Bereavement Support Payment (BSP) will replace the current benefits: Bereavement Payment, Widowed Parent’s Allowance and the…

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