People should start saving for retirement asap to avoid debt
British people should start saving for retirement asap, advises Robin Ellison of Pinsent Masons Law Firm.
According to Ellison people are living longer but they are not saving sufficiently for this extra lifetime. They aren't making provisions for the extra years and thus are putting themselves at risk of being in debt in their later years.
Research by M&S Money indicates that 47% of people aged 45 and over are not prepared for retirement and are not saving at all.
One of the best ways to retire in a more financially stable position is by saving for retirement. It is common to use a tax efficient savings product such as an Individual Savings Account (ISA) as part of planning for retirement.
Another way to assist financial stability in retirement is by reducing debts before retiring or eliminating debt altogether.
For advice and help with debts, please contact Debt Release Direct on 08000197465
Reduce Debt in Three Steps
There are 3 simple steps to reducing your debt with Debt Release Direct.
1) Talk to a Professional
It is important to pick the right solution first time, as otherwise you could end up in a worse financial situation than before. At Debt Release Direct we understand this, and ensure that we meet the highest standards of advisor training in the industry. We believe that you shouldn't take chances on advice, which is why we embrace the new Cert-DR qualification and the Release Money Group has more qualified advisors than any other debt management company.
2) Decide How Much You Can Pay
Your Debt Release Direct advisor will help you to calculate your disposable income and establish how much you can put towards a payment plan for your creditors. At this stage we can help you to apply for additional income or give you advice to reduce your outgoings.
3) Choose Your Plan
Once you have received professional advice and know how much you are able to pay, you will be in a much better position to choose the solution that best fits your own individual circumstances. Whether this is a managed Debt Management Plan, an Individual Voluntary Arrangement (IVA), a Secured Lending Solution or Bankruptcy, we will give you the information, support and confidence you need to move forward and reduce your debt.
At some point in their life, almost everyone finds themselves in need of financial assistance or advice. When you need help with your debts it is crucial to talk to a professional who can give you the right debt advice, quickly.
Debt Release Direct is part of the Release Money Group, which has more qualified debt experts than any other debt management company. We pride ourselves on the quality of our professional advice and the effective debt management plans and debt solutions that we offer.
As a founder member of the Debt Resolution Forum (DRF) we are helping to promote professional standards and spearheading the adoption of the professional Cert-DR qualification in debt advice. Whether you would prefer to speak to a debt professional face to face, on the phone or receive debt advice online we will be happy to advise and support you in strictest confidence.
If you qualify to write off unsecured debt in an IVA, we refer you to our in-house insolvency practice Varden Nuttall Ltd, which is the UK's top-rated insolvency practice by customers on IVA.com and in top-3 2010 lists by creditor representatives TIX and KPMG.
According to Ellison people are living longer but they are not saving sufficiently for this extra lifetime. They aren't making provisions for the extra years and thus are putting themselves at risk of being in debt in their later years.
Research by M&S Money indicates that 47% of people aged 45 and over are not prepared for retirement and are not saving at all.
One of the best ways to retire in a more financially stable position is by saving for retirement. It is common to use a tax efficient savings product such as an Individual Savings Account (ISA) as part of planning for retirement.
Another way to assist financial stability in retirement is by reducing debts before retiring or eliminating debt altogether.
For advice and help with debts, please contact Debt Release Direct on 08000197465
Reduce Debt in Three Steps
There are 3 simple steps to reducing your debt with Debt Release Direct.
1) Talk to a Professional
It is important to pick the right solution first time, as otherwise you could end up in a worse financial situation than before. At Debt Release Direct we understand this, and ensure that we meet the highest standards of advisor training in the industry. We believe that you shouldn't take chances on advice, which is why we embrace the new Cert-DR qualification and the Release Money Group has more qualified advisors than any other debt management company.
2) Decide How Much You Can Pay
Your Debt Release Direct advisor will help you to calculate your disposable income and establish how much you can put towards a payment plan for your creditors. At this stage we can help you to apply for additional income or give you advice to reduce your outgoings.
3) Choose Your Plan
Once you have received professional advice and know how much you are able to pay, you will be in a much better position to choose the solution that best fits your own individual circumstances. Whether this is a managed Debt Management Plan, an Individual Voluntary Arrangement (IVA), a Secured Lending Solution or Bankruptcy, we will give you the information, support and confidence you need to move forward and reduce your debt.
At some point in their life, almost everyone finds themselves in need of financial assistance or advice. When you need help with your debts it is crucial to talk to a professional who can give you the right debt advice, quickly.
Debt Release Direct is part of the Release Money Group, which has more qualified debt experts than any other debt management company. We pride ourselves on the quality of our professional advice and the effective debt management plans and debt solutions that we offer.
As a founder member of the Debt Resolution Forum (DRF) we are helping to promote professional standards and spearheading the adoption of the professional Cert-DR qualification in debt advice. Whether you would prefer to speak to a debt professional face to face, on the phone or receive debt advice online we will be happy to advise and support you in strictest confidence.
If you qualify to write off unsecured debt in an IVA, we refer you to our in-house insolvency practice Varden Nuttall Ltd, which is the UK's top-rated insolvency practice by customers on IVA.com and in top-3 2010 lists by creditor representatives TIX and KPMG.
