Health and safety has come to be regarded as a curse of modern life, with many of the benefits taken for granted, underappreciated or resolutely ignored. Yet if we look back to the 1980s, when an unprecedented series of tragedies left nearly a thousand people dead, we realise how far we have come.
Most people are aware of ISAs, but many don’t know how to get the most from them. It may focus your attention to know that the first ‘ISA millionaires’ have recently emerged – that is to say, investors who, through patience, regular saving and good fortune, have managed to amass over £1 million in tax-free savings. It is easier than you might think to reach this milestone, particularly after recent changes to the annual allowance.
One of the questions that all consumers ask themselves is: ‘Should I buy insurance?’ Most people correctly estimate that, on average, paying for insurance does not make financial sense. In other words, the amount paid in premiums over time usually exceeds any claims. This is, of course, to be expected as the insurance company intends to make a return.