Financial News Update we 07/05/2010 (First Hung Parliament since 1974)

Well, it's official, mathematically speaking it is now impossible for any party to gain an overall majority so, as predicted, we do have a hung parliament… it looks as though we are in for uncertain times over the next few weeks or months – what do you think?

Obviously the news has been dominated by election pieces but with a little digging, there were still some worthwhile financial articles to be found.

Estate Planning

Write a DIY will and you could leave your family in the lurch http://bit.ly/byEuPh

Long Term Care

Care Home questions - Talking Point http://ow.ly/17gcHt

Q & A: Long Term Care - Funding Caring (UK) http://ow.ly/17hlQK

Stop arguing about long-term care funding http://bit.ly/bnuwVm

Another forum posting about care fees http://bit.ly/99Tbuo

Retirement

Sun Life of Canada survey reveals consumers in the dark over annuities http://ow.ly/17e0r5

No rush to release equity http://ow.ly/17el7T

Stress Free Retirement? Understand Those Annuities! http://ow.ly/17fOGO

Annuities & the age 75 rule http://ow.ly/17hCAW

Investments

UK-domiciled ISA’s top £500bn mark http://ow.ly/17fMwY

EU directive could hobble UK investment trusts http://ow.ly/17gecm

Have a great weekend!

Regards