Asset protection

A power of attorney is a formal document giving someone the power to act for you if you lose the capacity to make decisions yourself.

A will formally spells out how your assets should be dealt with after your death. It can also include instructions for your funeral. Everyone needs a will, regardless of age.

Insurance is an important part of managing your money matters. It’s a way to protect yourself against an unexpected financial loss. 

• Insurance

Having all of your financial documentation filed together makes it much easier for you to manage your personal finances.  It won’t seem so daunting to make a budget or review your insura

Your insurance needs may change in retirement depending on your circumstances. It's worthwhile reviewing your cover regularly during retirement.

People usually set up trusts so they no longer legally own their house or other assets, but can continue to use and enjoy them as beneficiaries of the trust.