Who will inherit your pension?
1 in 6 people don’t know who their pension would go to if they passed away Cohabiting partners are especially at risk of missing out if not formally nominated Some still have ex-partners listed – regular reviews are essential One in six people with a partner admitted in a recent study1 that they ‘do not […]
Mortgage overpayments: small sums add up
A third of homeowners are currently making overpayments on their mortgage 40% of homeowners don’t have the confidence to overpay their mortgage Most lenders allow you to make overpayments of up to 10% of your mortgage balance each year without incurring any penalties UK homeowners could collectively save £2.3bn on mortgage interest each year by […]
‘Squeezed middle’ falling into ‘protection gap’
Only 30% of those aged 30 to 34 and 34% of those aged 35 to 39 have enough life cover to protect their family Households often insure mortgages but neglect cover for children and dependents The ‘squeezed middle’ must prioritise protection to avoid future shortfalls People in their 30s and 40s are falling into the […]
