View Post

People Increasingly Turning To Dr Google For Mental Health Help

In Employee Benefits, Mental Health, Protection by Paul Connolly

The number of online searches for mental health-related terms has risen dramatically over the past four years, new figures reveal. According to the analysis from RedArc, more and more people are turning to ‘Dr Google’ for help when they are suffering from poor mental health, a reality that highlights the important role search engines and online content play in supporting …

View Post

A Quarter Of Young People Worry About Supporting Their Parents

In Healthcare, Industry News, Protection by Paul Connolly

Despite a significant proportion (62%) of millennials needing to rely on their parents to help them get on the property ladder, a quarter worry about supporting their ageing parents financially in the future, research has found. Bank of mum and dad becoming more generous According to Legal & General’s Bank Of Mum and Dad (BoMaD) research for 2019, family and …

View Post

UK Renters Failing To Secure Suitable Financial Cover

In Family, Insurance, Protection by Stephen Ellis

People who rent a house are significantly less likely to have life insurance and critical illness cover than homeowners, a study has found. According to the research by Sainsbury’s Bank, only a quarter (26%) of tenants are likely to have a suitable life insurance or critical illness policy. This compares to almost half (41%) of homeowners. The ironic part is …

View Post

The Role Of Group Risk & Employee Benefits In Funding Retirement Years

In Employee Benefits, Industry News, Protection by Stephen Ellis

The UK’s younger generations are three times more likely than older generations to use property investments to fund their retirement, new research suggests. According to the study by Canada Life, one in 10 (9%) individuals aged 16-54 years old expect to live off the wealth stored in their homes after they retire. That’s triple the number of people aged 55 …

View Post

More And More Consumers Cancelling Vital Insurance Policies They Can No Longer Afford

In Family, Industry News, Protection by Tom Pullinger

Millions of policyholders across the UK are cancelling vital insurance policies because they can no longer afford them. It’s a reality that is leaving a significant proportion of people financially vulnerable if things were to go wrong. Indeed, the survey by finance provider Premium Credit found that 38% of people have cancelled at least one insurance policy in the past …

View Post

Understaffing One Of The Biggest Causes Of Workplace Stress

In Business, Individual, Industry News, Protection by Raina Dhillon

Understaffing is one of the major causes of workplace stress, a new study by a leading UK insurer has found. According to the poll of more than 1,000 workers by MetLife UK, over half (52%) of employees said that understaffing heightened their stress levels at work, while a similar proportion said underperforming team members added to the pressure and created …

View Post

How Advisers Can Get The Importance Of Income Protection Across To Younger Clients

In Individual, Industry News, Protection by Tom Pullinger

Most independent financial advisers (IFAs) say that younger consumers are not securing protection until it’s too late. It’s a reality that’s not only worrying because younger consumers are running the risk of not being protected should they become unable to work due to an injury or illness, but also slightly odd! It’s slightly odd because in another recent post, we …

View Post

Millennials More Likely To Choose Income For Life Than Jackpot

In In The Press, Individual, Protection by Claire Ginnelly

If you were lucky enough to win the lottery, would you prefer to be given a regular monthly amount for the rest of your life or a one-off lump sum? Apparently, your answer will largely depend on which generation you belong to, according to new research. Ahead of the launch of the National Lottery’s new Set For Life game, Just …

View Post

Majority Of Self-Employed Individuals Are Under-Protected

In Business, Industry News, Protection by Paul Connolly

We recently informed you about how most independent financial advisers (IFAs) believe that younger consumers are not securing protection until it’s too late. The aforementioned article outlines that there is a huge opportunity to grow the protection market among young consumers, however, many believe Income Protection is too expensive – despite the fact it can often be taken advantage of …

View Post

Younger Consumers Not Securing Protection Until It’s Too Late

In Individual, Industry News, Protection by Paul Connolly

Most independent financial advisers (IFAs) believe that younger individuals are not thinking about protecting their finances until later in their lives when it’s often too late. That is one of the key findings of a new report from one of the UK’s largest insurers. According to research from Royal London, three quarters (74%) of IFAs think that younger consumers should …

View Post

Pregnant Women To Get Better Workplace Protection Under New Government Plans

In Business, Employee Benefits, Industry News, Protection by Tom McGuinness

The UK government has set out new proposals designed to protect pregnant women and new parents returning to work following the birth of a child against unfairly losing their jobs. The new proposals have been created to combat workplace discrimination and provide better protection to women who return to work after maternity leave. Legal Protection For 6 Months According to …