COVID-19: third of retirees fearful due to negative impact Six years on from pension freedoms, non-advised savers aged over 50 are facing a ticking time bomb at retirement, according to a new survey[1]. 66% of those saving into a defined contribution pension and 58% of those who have already retired have either no firm plans … Continue reading “Retirement finances”

Planning ahead for your financial future together Some couples may prefer to keep their finances separate, while others share everything. Whichever method you’ve chosen, when it comes to retirement saving, it’s worth planning together to ensure you’ve made the most of all the allowances and benefits offered to couples.

COVID-19 pandemic show adults are pessimistic about future improvements Adults expect their financial wellbeing to worsen throughout the course of 2021, lagging behind any optimism of improvements to other wellbeing indicators such as mental, social and physical wellbeing once the vaccination is successfully rolled out.

Peace of mind knowing that your family is protected Are you protecting what matters most against the financial impact of a life-changing event? The coronavirus (COVID-19) outbreak has led to a tragic number of deaths.

When it comes to our life insurance, you’ve got options ‘Single life’ policies cover just one person. A ‘joint life’ policy covers two people and when one person on the policy dies, the money is paid out and the policy ends. You will need to decide whether the joint policy pays out on first or … Continue reading “Different Types of Life Insurance”

A good option for family protection With term life insurance policy you choose the amount you want to be insured for and the period for which you want cover. This is the most basic type of life insurance. If you die within the term, the policy pays out to your beneficiaries. If you don’t die … Continue reading “Term Life Insurance”

Guaranteed tax-free payment whenever you die A whole-of-life insurance policy is designed to give you a specified amount of cover for the whole of your life and pays out when you die, whenever that is. Because it’s guaranteed that you’ll die at some point (and therefore that the policy will have to pay out), these … Continue reading “Whole-of-life Insurance”

COVID-19: What you need to know The coronavirus (COVID-19) pandemic, has led to concerns and questions about how best to protect our loved ones in times like this. If you or a loved one has to make a claim on a life insurance policy as a result of the coronavirus pandemic, it would be handled … Continue reading “Life Insurance”

A helping hand for you and your loved ones If you were diagnosed with critical illness, would you be able to cope financially? It’s easy to think ‘I’d cope, that’ll never happen to me’ but most of us know someone either directly or through friends and family that has been affected.

COVID-19: What you need to know Critical illness insurance offers you and your loved ones financial support should you unexpectedly fall ill with a specified illness. Critical illnesses are identified under a specific set of criteria and coronavirus (COVID-19) is not a specified critical illness under the Association of British Insurers (ABI) Guide to Minimum … Continue reading “Critical Illness Cover”