- Warning. Beware of financial advisers promising unusually high investment returns.
- In Money Marketing this week the Financial Services Authority is warning advisers about the dangers of selling dodgy non regulated investment products. What about warning the public?
- Wed 28th Jul 2010
- Have you been miss-sold your mortgage and are now stuck in mortgage hell.
- I have been speaking to a number of mortgage gurus over the last few days and the prickly topic that keeps cropping up is mortgage miss-selling.
- Wed 14th Jul 2010
- Bank of England to hold interest rates until May 2011. Good news.
- The british chamber of commerce have stated that rates will be on hold for quite some time.
- Tue 6th Jul 2010
UK people 'need more life insurance'
Mon 21 Jan 2008 5pm
The UK is currently "hugely underinsured" for life cover, an industry expert has claimed.Nick Kirwan, head of health and protection insurance at the Association of British Insurers (ABI), said that many people do not currently take out the necessary life insurance because there is not an "easy mechanism" for promoting such policies.
He stated that the large number of homeowners organising life cover at the same time as a mortgage is "of course a good thing", but said that people should be more aware of the need for life insurance "when other events happen as well".
Mr Kirwan explained: "If people start a family, that's a time when the need for life insurance particularly shoots up.
"Unfortunately, they don't take it out on those occasions as much as we think they should."
The membership of the ABI includes about 400 companies, accounting for 94 per cent of all insurance products sold in the UK.
