The Story so far 2020
Posted by siteadmin on Monday 21st of September 2020
2020 The story so far
Little did we know, as we entered a new decade, what was in store for the global economy in 2020. Around the globe, the Covid-19 pandemic has inflicted a huge human cost. The response, and the measures to reduce the spread of the virus have inevitably had a significant impact on global economic activity.
A recent Organisation for Economic Co-operation and Development (OECD) outlook, cautioned, ‘as restrictions begin to be eased, the path to economic recovery remains highly uncertain and vulnerable to a second wave of ...
Flexible insurance for when you need it!
Posted by siteadmin on Friday 18th of September 2020
Flexible insurance for when you need it
It's all too easy for us to put our head in the sand when it comes to thinking about our protection requirements. People tend to find it challenging to engage with the topic as it involves thinking of negative potential scenarios. In reality, this is the reason to put it to the top of your ‘to-do list’. Life is hopefully rosy but being prepared for any eventuality is truly priceless.
One important type of protection worth serious consideration is accident and injury cover. Life’s an adventure, we don...
Protecting you and your family
Posted by siteadmin on Thursday 17th of September 2020
Losing your partner at any stage in life can be devastating, but it may be particularly devastating when children are involved because of the financial pressures of raising a family. Ensuring your children and other dependants are provided for in case you die should be a top priority but less than a third of people in the UK have life insurance.
Keep it simple
Many products are available but a simple level-term policy, where a pre-decided lump sum is paid out should you die within a stated period, is among the simplest to arrange and is typ...
Are you approaching retirement- Aren't we all!?
Posted by siteadmin on Tuesday 15th of September 2020
Are you approaching retirement?
If you are nearing retirement, you may have been particularly worried about the impact of recent market volatility on your pension assets and perhaps you are reassessing your retirement plans. There are several things to consider if you are planning to retire, which will depend very much on your own circumstances.
Since pensions freedoms were introduced in 2015, there are many more options available to retirees. Sudden retirements used to be the norm. People would stop work completely one day and be fully re...
COVID-19 affects retirement plans
Posted by siteadmin on Monday 14th of September 2020
COVID-19 affects retirement plans for over three million
Recent research shows 1 in 10 UK adults with a pension (and not yet retired) have reduced or stopped pension contributions because of Covid-19.
- 1 in 10 UK adults have reduced or stopped pension contributions
- 1 in 4 workers are worried about paying for every day essentials
- 1 in 5 workers are worried about keeping up with mortgage or rent payments
The economic fallout resulted in a drop in income for many people meaning them having to decide between their short-term financial ne...