Do you think of insurance as a safety net?
Fairstone Chartered Adviser, Paul Pelopida details how you can ensure your dependents have the financial stability they need if you were no longer around to support them. When it comes to ensuring that your family is taken care of in the event of your premature death, life insurance is invaluable. Life insurance provides a cash […]
Understanding the true cost of cancelling critical illness policies
As we go through life, unexpected events can happen at any time. Critical illnesses, such as cancer, heart attack, or stroke, can strike without warning and have a significant impact on our health, finances, and overall well-being. That’s why many individuals choose to protect themselves and their loved ones by purchasing critical illness insurance policies. […]
Understanding the cost increases of income protection policies based on age: Plan ahead for your financial security
Income protection insurance is an essential tool that safeguards your financial stability in the event of unexpected illness or injury that prevents you from working. However, one crucial factor that affects the cost of an income protection policy is your age range. Independent Financial Adviser, James Oram explores how age impacts the cost of income […]
Protecting your finances – how to stay safe from scammers
The rise of digital communication and the internet has brought huge benefits to our lives, with almost anything available at the click of a button, but unfortunately it has also made it easier for scammers to target unsuspecting victims. This is a real concern for many individuals which has been brought to light following the […]
The cost of care – financial planning for long-term care
Recent data from Fairstone reveals that the cost of long-term care can be a real concern for many individuals. In Fairstone’s annual client survey, respondents were asked: “If there was anything that would keep you awake at night with worry regarding your finances and/or investments, what would it be?”, results show that a number of […]
Death in service falls short for long-term financial protection
The limitations of death in service Losing a loved one is a heart-breaking experience and dealing with the emotional aftermath can be challenging enough without navigating the financial impact of losing an income. Death in service is an employee benefit that pays out a tax-free lump sum if you’re employed by the company at the […]
Time to set some ‘new year’ financial resolutions
While many people mark January 1 by taking stock of their lives and making resolutions to accomplish new goals or change behaviours, the new tax year in April kickstarts a good time to take stock and put in place a few financial resolutions. Fairstone independent financial adviser Ruth Heath shares five top tips to kickstart […]
Signs it’s time to make that next move
As much as you love your home, there may come a time when you start thinking whether or not you should sell. It can be a tough decision to make whether to sell your home or stay put. Typically, if you are considering a move it’s often the result of something prompting you, whether it’s […]
Negotiating and making an offer on your dream home
Making an offer on the purchase of a new home can be a daunting task, especially if you’re not familiar with the process. But it is also an exciting time and likely to be one of the most significant transactions you will make. Before making an offer on a property, there are a few things […]
Avoiding tax traps – Five tips to help you on your financial journey
With the end of tax year fast approaching, if you haven’t already, now is the time to review your finances and ensure everything is in place. However, whilst doing so, it’s important to be prepared for unexpected tax traps. 1. Don’t get caught out by the 60% rate If you earn £100,000 or over, […]