Q. My partner is putting pressure on me to make a Will but I am reluctant as solicitors are expensive and she will get everything anyway. Am I wrong? A. If you don’t have a will when you die, your money, property and possessions will be shared out according to the law instead of your wishes. This… Read more »
Q. I sometimes use my debit card when abroad to pay for unexpected purchases. When I do so I am often asked if I want to pay in local currency or sterling. I never know what to say and often ask the shop assistants advice, but they invariably say “it’s up to you”. What is… Read more »
Q. I have a reasonable job and I have accrued significant savings in my current account having saved more than I have spent over the last few years. Currently I hold around £95,000 – with little or no interest on these savings from my bank, I would like to know what other options are available for… Read more »
Q. I am 55 years old and a member of the NHS pension scheme. Whilst I am not contemplating retirement yet, I am interested in the new pension flexibilities that are available where I could consider exchanging my pension for a one off lump sum. However, one of my colleagues has told me I am not… Read more »
Q. I have seen the term SIPP being used quite a lot lately when reading about pensions, what is a SIPP? A. This is an acronym for a “Self Invested Personal Pension”. As indicated, a SIPP is a type of personal pension that gives you a far greater level of freedom about how you invest… Read more »
