ICP030 - The cost of a housewife

This week in episode 30 of the Informed Choice Podcast, Martin talks about what people want from the emergency Budget next week, properly qualified Financial Planners, the cost of a housewife, the Golden Age Index from PwC and what on earth is going on in Greece.

 

 

According to some new research by SunLife, the public would cut state support for older people in the emergency Budget next week. Why do we favour short-term gratification over long-term reward?

 

 

Greece owes its various creditors an awful lot of money. Martin explains what has been happening with Greece this week as the possibility of a ‘Grexit’ draws ever closer.

 

 

When you seek advice from a Financial Planner, you expect them to be qualified. Here in the UK, the minimum qualification requirement is at QCF Level 4. Many Financial Planners believe the minimum should be higher. What’s the difference between Level 4 and Level 6 qualifications?

 

PwC has developed a new ‘Golden Age Index’ to compare how well different countries are utilising workers aged 55 and over. Their Golden Age Index includes relative employment, earnings and training rates for older workers for 34 OECD countries over the period since 2003. Martin reviews the findings.

 

How many hours do you work each week? Some new research from LV= has found that homemakers work an average of 56 hours a week, not including childcare duties. What are the financial and lifestyle implications?

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