Raeside Chisholm Solicitors Blog

Recent research from the International Longevity Centre-UK (ILC-UK) and the Personal Finance Research Centre (PFRC) at the University of Bristol has painted an up to date picture of “financial wellbeing in later life”, exploring issues as broad as patterns of spending, debt, financial satisfaction and quality of life in older age.

A recently published report has found evidence of an increasing take up of equity release schemes by people in the 65-74 age group.

People should be ‘nudged’ into planning for their long-term social care costs, according to a new report by think-tank Demos.

The NHS Confederation has recently published a report that issues a stark warning to the Government about the £2 billion gap in long-term social care funding, saying that a failure to resolve the issue will have a severe impact on patients.

According to a recent study, over half (58%) of UK adults have not yet written a will. However, 74% of UK adults said they would like to ensure that money is given to their loved ones when they pass away.