When Bismark created the world’s first state pension scheme in the 1880s he never expected to pay out – it was simply a creative (and seemingly popular) tax raising exercise. Life expectancy in Germany at the time was 48, so 65 was selected for benefit payments to start, thus ensuring there were few, if any, […]
In the past I have written about becoming Magic Grandparents and building strong bonds with your grandchildren by helping them achieve their dreams. While this might involve a little money changing hands the important benefits are the discussions that result from them sharing their dreams with you. I do something similar with a charity that […]
When the chancellor found a hole in his balance sheet he took the easy option and turned to taxing the dead. Inheritance tax thresholds have already been frozen for over a decade – progressively dragging more people into the net and increasing the tax raised. However Covid needed a faster solution so the chancellor looked […]
Visiting an elderly relative at their care home I was greeted by staff at the door – fully masked and gloved – saying that their outbreak of Covid was getting worse. I decided to go in, say hello and just carry out the essential work I had come to do. Having donned mask and gloves […]
If the old saying is that ‘a picture can tell 1000 words’ – just imagine what a collage can do! One of my long term clients found that with each successive year he is embracing new experiences while continuing with the things he loves. Looking to illustrate the huge variety of these many activities I […]
As we approach Christmas the annual marathon of giving and receiving cards has already started – and I continue to object! Not in a ‘Scrudge-like’ manner – rejecting the Spirit of Christmas in it’s entirety, but in a more selective way – the giving and receiving of cards to people we see all year round […]
Yesterday we said farewell to a colleague who started with me 25 years ago. For them the time was right. Management did a nice presentation at the start of the day and her friends and colleagues put on a wonderful informal lunch. Inevitably the conversation turned to the parallel subjects of Why now? and What […]
Introducing change… When I worked in financial services we developed a computer simulation that allowed us to share experience of setting up a sales organisation with countries that were about to start the journey. In the simulation we included a genuine memo we had found while researching the exercise. It was from ‘senior management’ saying […]
For the first time in nearly 40 years there are no desktop computers in use at home, and, come to think of it, apart from an old TV recorder, there are no disc drives either. In parallel, along with much of the country, we are about to switch over from those two tiny copper wires […]
That ‘a-ha’ moment… Recently a client captured the essence of what we do: ‘Now get it… at some point I will no longer be here. What EML is asking me to focus on everything I can control between now and then. While our discussions are structured around your six core areas, my success comes from […]