Inga Beale, chief executive officer of Lloyd's London has said that despite controlling "70-80% of consumer spending globally", "over a third of women in their late 30s would not be able to survive for 'one month if they lost their regular source of income'.
Speaking at the annual Fortune Most Powerful Women International Summit in London alongside Jude Kelly, Artistic Director of Southbank Centre, she explained that "even though women have reached that age, they have no idea how to be able to save money or be able to look after themselves if something goes wrong". She compared this to men, who will have "five times more money in their pensions for their retirement than women". When asked how the UK would change this attitude to finances Inga explained...
There will be no further increases to Insurance Premium Tax (IPT) this year, the Autumn Budget 2017 has revealed.
The government will immediately give NHS trusts £350 million to allow them to plan for the winter, Chancellor Philip Hammond has announced in the Autumn Budget.
British Friendly has introduced an online Adviser Toolkit to encourage income protection sales.
Zurich has launched a 'selfie' app called FaceQuote which estimates how much life cover someone might need.