Read the latest news and articles from the Gem & Co team
It’s easy to misplace important documents and the costs could mount up to a staggering £800. Keeping paperwork organised and in order is a step we should all be taking. Misplacing paperwork is an easy mistake to make. But did you know that a lack of organisation when it comes to your household documents could
Read moreChildren are not cheap. Whether your family is already growing, or if you are thinking of starting one soon, you have probably considered some of the obvious costs, such as private school and eventually, university. But what about those things that might not be so apparent? Research from American Express demonstrates one of these expenses;
Read moreResearch from Aegon has revealed that 14% of people believe that they will still be paying off their mortgage when they turn 70. The report suggests there are several reasons why people may be forced to continue paying a mortgage into retirement: Rising house prices: which mean people need to borrow bigger amounts of money
Read moreIn 2015/16, 6.87 million pensioners paid an average of £3,522 each, in tax, according to Royal London. That’s a total of more than £24 billion. What affects the amount of tax you pay? According to the research, men are likely to face higher tax bills in retirement than women, though this is likely due to
Read moreNS&I (National Savings and Investments) has revealed that there are currently 1.4 million unclaimed prizes from Premium Bonds, totalling more than £58 million. That’s potentially a life-changing amount of money which is left waiting for the lucky winners to discover. If you have Premium Bonds, why not take this opportunity as a reminder to check
Read more61% of UK adults do not have a will in place, according to Which?. A fifth of those say they have not written a will as they have nothing worth passing on. However, a will does so much more than just pass on material and financial assets. It is also used to help let those
Read moreAccording to research from retirement accommodation specialists Anchor, the way living in old age is perceived by society could be completely out of line with what retirees actually want. For older people, being able to make their own decisions regarding care is one of the most important aspects of independence. The research shows that 94%
Read moreIf you’re unclear on what the term ‘pound cost averaging’ means, the simplicity of what it describes is perhaps best demonstrated through an example. Abbie is an investor who has already decided where she wants to make a long-term investment. She also earns money through her job and invests more each month. Abbie therefore has
Read moreEquity release plans, also known as lifetime mortgages, allow those over the age of 55 to borrow against their home. Thanks to decades of rising house prices, for some older homeowners this can mean there is plenty available to borrow. The number of people opting for these plans saw a 40 per cent increase year-on-year
Read moreFollowing a recent study, the Financial Conduct Authority (FCA) has issued a warning that young people are most at risk from fraudulent investment schemes which are promoted through social media. Carrying out the study as part of its ScamSmart campaign, the FCA’s research revealed that 13% of respondents under 25 were likely to trust an
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