View more on these topics

Most homeowners have no CI cover

More than two thirds of homeowners have no critical illness cover to protect their mortgage, according to research from Mori on behalf Scottish Provident.

Eight out of 10 have no disability cover and 77 per cent have no unemployment benefits.

Around 63 per cent of mortgage-holders do have life cover, but ScotProv says the findings show many people are missing out on essential provision.

Recommended

On the warrant path

I would like to conclude my discussion of the information contained in the financial pages of the quality press by turning to a personal indulgence of mine, which I believe to be widely overlooked by most other investors – warrants. In particular, I will be looking at warrants in investment trusts, as most of the […]

Clerical doubles money in pension projection blunder

Clerical Medical has sent out incorrect pension valuations to over 2,500 policy- holders, telling them their funds were worth more than double the real value.The error saw Clerical write to 3 per cent of its 95,000 personal pension policyholders.One policyholder saw his pension fund plummet by 140 per cent in two months. He was told […]

Hunt wants more time to talk on polarisation

Aifa chairman Lord Hunt of the Wirral has called for the polarisation reform consultation period to be extended, saying the FSA&#39s timetable is unrealistic.In a letter to FSA chairman Howard Davies, Lord Hunt says the short time that the FSA has set aside for consultation and implementation of reforms shows it is underestimating the scale […]

TUC wade into pensions crisis

The TUC is wading into the pensions crisis claiming there are 1.8m fewer people in final salary schemes, according to its own analysis of the Government Actuary’s Departments figures.Only 200,000 of these has transferred to money purchase schemes, resulting in 1.6m fewer with occupational pensions.The TUC is calling compulsory employer contributions, urgent review of accounting […]

The Great British Break-Off

Despite predictions that a vote to leave the European Union would result in an economic apocalypse, UK equities have shown the market equivalent of a stiff upper lip: bouncing back, keeping calm, and carrying on. Although the road towards Brexit remains clouded in uncertainty, UK equities offer a range of opportunities to investors seeking returns […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment