Self-employed workers risk losing money due to lack of personal protection
If you’re self-employed, or thinking about going down that road, the Money Advice Service recommend that you consider your personal insurance options. This is because when you’re self-employed you don’t have an employer to rely on for sick pay - so you need to think about what will happen if... Read More 
Protect your biggest asset – your income
If you're one of the 32.14 million people in work in the UK, earning an average weekly wage of around £505 and working an average 37 hours a week, you're probably grateful that you're taking home enough money to pay the mortgage or rent, other household bills and able to... Read More
2 million people in the UK are off work due to long-term sickness
The employment rate (the proportion of people aged from 16 to 64 who are in work) is at its highest since comparable records began in 1971 – there are 32 million of us working. But sadly, 2 million people are not in work due to long-term sickness, according to the... Read More
12 million UK adults suffer hardship due to unexpected ill health or death
Research from Aviva shows, almost a third (31%) of UK adults have experienced temporary or permanent leave from work due to ill health, a cancer diagnosis or even a death of a long-term partner. Sadly, more than three quarters (77%) of these have seen their finances suffer, equivalent to 12.3... Read More
Widowed parents and children lose out under new scheme
In April, the Bereavement Support Payment was introduced, replacing the Bereavement Payment, Widowed Parent’s Allowance and Bereavement Allowance. Intended to provide a more streamlined benefit, the net gainers of this benefit are those under 45 with no children, with the losers of this new payment those with children, particularly those... Read More
Funeral costs soar 4.7% in a year, to over £4,000
The annual Cost of Dying report, published this month by SunLife, reveals that the cost of a basic funeral has risen for the 14th year in a row and now stands at £4,078, an increase of 4.7% in just one year and a huge rise of 112% since they started... Read More
‘Generation Rent’ exposed to financial risk
The percentage of households privately renting in the UK is ‘on the up’ according to a report published by the Department for Work and Pensions earlier this year and the percentage of 35-44-year olds privately renting has more than doubled in the last ten years. If you're one of the... Read More
Debt caused by rising funeral costs reaches an all-time high
The Royal London National Funeral Cost Index 2017 reveals the average cost of a funeral has increased by 3% from 2016 and now stands at £3,784. Funeral debt has also risen to an all-time high of £160 million as people borrow from friends and family or the bank to cover... Read More
Mistrust could put families at unnecessary risk
Over the years, you may have read tabloid stories exclaiming, “Mother-of-two dying of ovarian cancer is refused life insurance pay out". Disturbing news, if you’re one of the 26% of UK adults who are regularly paying your life insurance premiums. After all, what’s the point of making regular payments if,... Read More
Parents tell of the life-changing impact illness can have on family finances
More than one in four (27%) families have experienced a loss of income due to ill-health, serious illness or death within the family, according to a study by Aviva. The experiences of families who have encountered an unexpected loss of income have been published in Aviva's Protecting Our Families report. Their... Read More