The cost of dying rose again last year, according to a new report which suggests loved ones left responsible for making funeral arrangements are unprepared for the burden.
Sun Life Direct's fifth Annual Cost of Dying report found end of life costs - including funerals, probate, headstones and flowers - have increased to an average of £7,248. Many people have not taken responsibility for organising their end of life plans and those left behind often struggle to meet the costs, according to the report. The latest rise represents an increase of 20% since 2007, and over £400 since last year. Funeral costs have increased by 61% over the past seven years, which...
'Algorithms can only go so far'
Vitality, the life and health insurer, has today announced plans to launch a suite of investment products towards the end of 2017.
LV= discusses how it would like to see financial resilience top of the agenda for the new Single Financial Guidance Body (SFGB).
When the government announced the proposed changes for salary sacrifice in the Autumn Statement last year, it felt like the end of workplace benefits, writes Jeff Fox.