Each article explains one subject in plain words and points you to a tool or guide so you can see what it means for your own family. The articles are general information, not personal advice; for your own situation you can always book an appointment with an advisor.
Financial planning
Monthly contributions and market falls
When you pay into an investment plan every month, a market fall also means something else: the same monthly amount buys more units. What that means, and what it does not.
Financial planning
Switching funds over the years
The fund that suited you when you started does not necessarily suit you ten or twenty years later. How switching works, what a lifecycle approach is, and why a yearly look is worth it.
Financial planning
Surrender: why you get less back in the early years
If you end a savings or investment policy early, the surrender value is often less than you paid in. Why that happens, and which middle-ground options there may be.
Financial planning
Automatic increase (indexation): yes or no?
Every year the premium goes up a little, and the cover with it. Many people see it as a price rise. In fact it is a choice, with pros and cons.
Financial planning
I forgot to pay: grace period, lapse, reinstatement
An expired card, a changed bank account, a difficult month. What happens when a premium is not paid, and what you can do before and after.
Financial planning
How to read the annual statement of your investment policy
Once a year a document full of numbers arrives. Most people look only at the bottom line. Here is what each part means and what to ask.
Family
Loan insurance: what you should know
For a mortgage, the bank usually asks for life cover assigned to it. What assignment means, why the sum insured and the loan balance are not the same thing, and what happens when the loan is paid off.
Financial planning
25 to 30: where to start with a little money
A first steady salary, rent, perhaps a car loan. You do not need to do everything at once. You need the right order.
Cyprus
Self-employed: who pays me if I fall ill?
When you work for yourself, there is no paid sick leave. If the work stops, income stops almost at once, while the costs carry on.
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