Life insurance can provide a cash lump sum to support your dependants when you die. How much this will be, who it will go to and how long the term of the policy is will depend on your individual circumstances.
Estate planning sets out how your assets will be distributed, who they will go to, and when. Without making an estate plan or a Will, the Intestacy rules will be used to decide what happens to your assets.
You may have exceeded your Personal Savings Allowance. New rules mean that 95% of taxpayers should no longer need to pay tax on their savings income. As for the rest – find out more about recent changes here.