Planning ahead is a vital step when it comes to securing your financial affairs, according to the Irish Independent. Based on a survey conducted by Dublin-based financial advisers Hegarty Financial Management – which found that most people haven’t appointed someone to look after their affairs in case they become incapacitated – they advise taking a number of steps:
- Establish power of attorney
- Create a will
- Compose a letter detailing your wishes
- Record your wealth and debts
- Set out directions for your funeral
In other news this week, Independent technology editor Adrian Weckler draws attention to the fact that €390,000 has been refunded to 12,000 users of premium SMS service Dragonfly Services.
The telecoms regulator Comreg upheld complaints regarding a lack of information for users to unsubscribe from these often costly services.