LV= has extended its payment break and premium/cover reduction options until 31 December for protection policyholders to allow financially vulnerable clients to maintain cover if they suffer financial difficulties.
Only 15% of Britons have relied more on a financial adviser in the last year despite being more engaged with their personal finances.
The Financial Services Compensation Scheme has warned that retirees are being tempted to put money into investment products claiming to offer high returns due to the prolonged low interest savings environment.
Schroders Personal Wealth, the Financial Planning joint venture launched by Schroders and Lloyds Bank, has reported a 75% increase in referrals supported by the firm’s new relationship consultants but has only published limited results for the latest quarter.
HMRC has given London Capital & Finance (LCF) ISA investors the green light to reinvest their Financial Services Compensation Scheme (FSCS) compensation payments into a new or existing ISA.