Because of their busy lives, women tend to neglect many areas in financial planning such as pension provision and investments.   For example, if pension provision is left too late, it may prove impossible to build up a sufficiently large pension fund.  This could mean that your standard of living may drop drastically on retirement.  Therefore it is vital to start planning NOW.

Businesswomen also may not realise how crucial it is to ensure against the death or disability of a partner or senior executive in the business.  The sudden loss of a key person can have serious financial implications on a business, which can only be overcome in the long term.  For example, ownership or part ownership of the business can be transferred to the hands of a spouse or family with no experience of the business.

With adequate planning, life assurance can be effected on the key man to provide the surviving business with funding to buy the deceased's share.

Career breaks - to care for relatives or bring up children can take their toll on providing for your own future.

Take some action today.  Call EMF to assess your financial situation.

EMF Financial Services is authorised and regulated by the Financial Services Authority.