Insurers paid £90m over 7,000 life insurance claims to the families of people who died due to the Coronavirus pandemic between 1st March and 31st May 2020.
Read more ...Life insurers pay £980k a day in claims at pandemic peak
- Thursday, 13 August 2020
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DB transfers reach another record high
- Wednesday, 12 August 2020
- Articles

Defined benefit transfer values increased to another record high during July, according to a new report.
Read more ...Just appoints new chair as Gibson-Smith departs
- Wednesday, 12 August 2020
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Insurance industry veteran John Hastings-Bass will replace founding chairman Chris Gibson-Smith at retirement specialist Just Group.
Read more ...Nine in ten Financial Planners using video calling technology
- Wednesday, 12 August 2020
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Nine in ten Financial Planners are now using some form of video communication technology, in comparison to less than 46% a year ago who expected to use it more in the future, according to our Financial Planning Profession Survey.
Read more ...Millennials cut back on pension payments
- Wednesday, 12 August 2020
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Two in five (40%) of people aged 18 to 34 have stopped (12%) or reduced (28%) pension contributions as a result of the Coronavirus pandemic, according to a new report.
Read more ...UK in largest recession on record
- Wednesday, 12 August 2020
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The UK economy has officially entered recession with two straight quarters of economic decline for the first time in 11 years, according to official Government GDP figures.
Read more ...£3m recovered from wealth manager Ponzi-scheme
- Wednesday, 12 August 2020
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The City of London Police have recovered £3m from a former Hertfordshire-based HBFS Financial Services boss who was found guilty of running a Ponzi-scheme in 2018.
Read more ...PFS launches Associate Firm membership
- Tuesday, 11 August 2020
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The Personal Finance Society has launched an Associate Firm membership for Financial Planning firms that want to show their alignment to the professional standards and code of ethics set by the professional body.
Read more ...Oldest kickstarted into retirement by pandemic
- Tuesday, 11 August 2020
- Articles

Today’s Office of National Statistics figures on the UK labour market showed it is the youngest and the oldest in the workforce who are most likely to have been made redundant as a result of the Coronavirus pandemic.
Read more ...President proof your investments warns deVere
- Tuesday, 11 August 2020
- Articles

Nigel Green, chief executive and founder of the deVere Group, has warned Financial Planners and their clients to prepare for the potential fallout from the upcoming US elections.
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