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How to Protect Your Elderly Parents from Scams
The world is full of dishonest people seeking to trick people into giving away money and personal information. In 2022, more than £1.2 billion was stolen from consumers. The most common methods are false phone calls, fake websites, and deceitful emails. With fraud occurring at such a high rate, it is more important than ever that we protect our elderly parents from scams. Here are some tips that could help keep their money out of sinister hands. Identifying Scams Often it can seem no one is safe from scams. These criminals will target people by phone, with emails, in the post, on the …
A Guide to Pensions
The pension system in the United Kingdom is one of the oldest and most complex systems in Europe. It was developed by entrepreneurs in the form of pension funds at the very beginning of the industrial revolution. As the funded pensions have historically dominated the country for a century, most of the pension burden rests on the shoulders of private sector employees and employers through private insurance. The retirement system may appear very complex, which is why we have created this guide to help you and your loved ones understand it a little better. This guide is dedicated to …
How Much Does a Funeral Cost in 2024?
We’ve all seen the adverts talking about how expensive funerals are nowadays. As we get older, many of us may start to worry about whether we can afford one, or if our loved ones are going to get saddled with the bill. It’s not something we want to think about, but we have to consider funeral costs. How Much Does a Funeral Cost? According to SunLife’s Cost of Dying Report, the average cost of a basic funeral is now £4,141. This is an increase of 4.7% since the past year, though it's still not as high as funeral costs in 2021. 2021 was the highest funeral costs had ever been, …
Senior Discounts – Shopping & Entertainment
In this part of our senior discounts blog series, we look at the discounts that are available across different shops, both online and in-store. Plus, we've included some entertainment discounts. As an over-60 you can be entitled to up to 10% discount in certain stores, and receive some great offers, all of which we will discuss here today. We previously touched on all the offers that seniors can receive in restaurants. If you're not into eating out so much and want to save money in other ways, then read on as we talk shopping. Boots You may already know about the …
How to Introduce Your Elderly Parents to Online Banking
As more local bank branches close, online banking is more necessary now than it has ever been. If you're concerned about your parents' ability to carry out their banking activities, whether it's because they're struggling to leave the house or because their local branch has closed, it may be time to introduce them to online banking. How Do You Enable Online Banking? If your parents already have a bank account, the process of registering for online banking is usually straightforward. First, navigate to their bank's website and find an option to register. This will typically be …
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