The office of US President carries huge influence all over the world and, as a result, the way the American electorate votes on 3 November will undoubtedly impact financial markets across the globe. US elections are always occasions of great political theatre but the 2020 campaign, played out with the backdrop of a global pandemic, has very much raised the bar. However, the outcome will determine the future path of the world’s largest economy for the next four years and that prospect inevitably leads to considerable speculation about what ...

If you have dependents – people who rely on you financially – then you should have life insurance. In fact, if you have dependents and don’t have life insurance, you are exposing them to grave financial risk. And who would want to do that?

Life insurance tends not to feature on ‘to do’ lists because it makes us confront uncomfortable questions, such as what would happen to our loved ones if we were to die unexpectedly in the next few years.

However, we all carry a deep responsibility to ensure those we leave behind at least have sufficie...

One in five people in the UK act as a carer. Figures show more than seven out of ten of those who look after family, friends or other members of the community do not have any protection policies in place. Furthermore, a fifth do not know who would take over their caring duties if they fell ill themselves and 20% do not know who would provide them with the care they might need.

Whichever type of care you provide, whether that’s personal care, helping with shopping or taking someone to appointmen...

The world is changing rapidly in a way that nobody could ever have expected, meaning your personal and financial circumstances are likely to have changed. It is important to regularly review all aspects of your finances and that includes reviewing your protection insurance, to make sure your policy provides adequate cover for your changing needs.

Underinsured
If you don’t regularly review and update your policy, any pay-out you do receive from your claim may not be enough to cover you and your family’s needs if you were to die or if you ar...

Statistics show many young people are not using their ISA allowance only 17% of ISA savers are under the age of 35, but half of ISA savers are aged 55. So, what are the options for ISA savers?

ISA
An ISA is an Individual savings account. It allows you to save tax-free in a cash or investment account.

Cash ISA
A Cash ISA is a savings account where you can deposit up to a yearly limit to save tax-free. There are three principle types, Instant Access, Regular Savings and Fixed rate. Anyone over the age of 18 can op...