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Demand increases for new state pension statements

The number of people accessing their new state pension statement has increased by almost 40% in the last 6 months to around 400,000. This is an increase on the previous year when there were 400,000 requests in total. Anyone over the age of 18 can access information about their state... Read more

New Pension Tracing Service website launched

A new DWP website has been launched by the Pension Tracing Service to help people find their lost workplace or personal pension savings. There is currently an estimated £400 million unclaimed. The new service is simple to use and provides trace results immediately. Individuals enter their former... Read more

Do Life Insurance and Critical Illness Policies Pay Out?

Protection claims statistics 2015 According to the latest ABI data, 97.2% of overall protection claims were paid out in 2015 (a slight decrease from the year before) but the percentage of critical illness claims that were paid out increased. When claims were declined this was usually due to... Read more

Taking the jargon out of pensions

A new guide to pension’s language (consultation and draft guide published on 27th April 2016) could see the end of terms such as ‘uncrystallised pension funds lump sum’ and ‘flexi-access drawdown’ which have been used since the pension freedoms were introduced. Co-ordinated by the ABI, with... Read more

Tax Efficient Protection - Relevant Life Insurance

Relevant life plans can save you up to 49% on your Life Insurance Cover. (*) Put simply, this is Life Insurance, paid for by your company, but for the benefit of your family. It is now also possible to add Critical Illness cover to such plans. There are many good reasons to choose a... Read more

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Patrick from Bedfordshire

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