Independent Financial Advisors

Over 50s plans, life assurance policies taken out to pay a sum sufficient to cover, say, funeral costs, are a good thing. There is no medical underwriting for one thing, so they are “simple” to set up.

But if you are over 50 and considering life assurance for any reason, you should first consider a traditional, whole of life assurance policy.

They are often cheaper than non-medically underwritten plans, could save you money and give you more cover. Some other added benefits too.

Get in touch to find out more.

Life, health, and income protection policies are an invaluable part of your personal financial plan. But are you making the most of the additional benefits they offer?

Many offer a range of additional services, some simply to assist you should the worst happen. But many are there to help you day to day, including access to 24 hours GP
or Doctors second opinion services.

If you bought a protection policy through us and are unsure of the additional benefits your policies confer do get in touch and we will help you understand them.

Call us on one of the numbers below or send an email to: enquires@robison.co.uk

You could be missing out on valuable free services!

If you are struggling with high levels of debt and whilst it might not bring you great comfort, you might be surprised to learn that you are not alone.

Pepper Money, in partnership with YouGov, recently launched the seventh edition of their Specialist Lending Study. They surveyed more than 6,000 UK adults, indicative of a demographically representative sample of the British adult population.

It was uncovered that 15.16 million people have a history of adverse credit – missed credit payments, Defaults, CCJs, unsecured arrears, secured arrears or entered a Debt Management Plan.

Key findings highlighting levels of unsecured debt:

• 49% of people who’ve missed one credit payment say they have then gone on to miss further credit payments.
• 45% of people with adverse credit say their use of Buy Now Pay Later credit has increased in the last year. 17% say it has increased a lot.
• 30% of people with adverse credit have unsecured debt of more than £5,000. 17% have unsecured debt of more than £10,000. 9% have outstanding debts of more than £15,000.
• 43% say their level of debt has increased in the last year.
• 36% of people with adverse credit are concerned that their level of debt will impact their ability to get a mortgage in the future.
• 50% of people with adverse credit have never heard the term ‘specialist mortgage lender’

One way to get on top of your debts, is by raising capital with a remortgage or second mortgage to pay off the separate balances, consolidating them into additional borrowing secured against your property, offering more affordable monthly payments.

Restructuring finances requires careful consideration of the risks involved, as it may increase the overall amount that is repaid. Moving from unsecured debt to secured debt means offering your home as security for that debt.

However, it can also prove to be a vital lifeline for households struggling in the current environment to reduce their monthly costs.

Warning: your home is at risk if you do not keep up payments to your mortgage or any other loan secured on it.