Payment Protection Insurance

Many people signing up for credit cards or loans have, sometimes unwittingly, also signed up for Payment Protection Insurance. This ensures repayment if the policyholder becomes unable to satisfy their liability on account, for example, of death, disability, loss of employment or illness. Claims have been rife from people who are unhappy to find that […]

Long Term Care dilemma

Care home chains are in trouble. Demand for places is increasing with longevity and the rising number of cases of dementia, but funding is predominantly dependent on Local Authorities, whose own stretched resources are limiting their ability to pay and leading to their demanding places at below their cost price. In consequence, care homes are […]

Hammond favours pensions

The previous Chancellor, George Osborne, reduced the annual and lifetime allowances for pension savings and at the same time increased the allowance for Individual Savings Accounts (‘ISAs’). This led many to assume that he intended that in the long term ISAs should become the principal means of saving for retirement. This would have reduced the […]