Latest financial services news, mortgage news, investments news, insurance news and more from Personal Touch Financial Services.

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Personal Touch News

Welcome to your April edition of Personal Column!

Remember that we’ll continue to share key new stories on our social media accounts every week!

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Are you ready for GDPR?

GDPR is just around the corner, with the implementation date on 25 May. But are you ready?

Join our webinar to find out more about:

Your responsibilities

  • Practical steps
  • Customer consent
  • Data security
  • Subject access requests
  • Breaches

Who should attend?

Whether you’re a financial adviser or principal, GDPR will impact your day-to-day work. If you’re a forward-thinking professional, looking for ideas to prepare for 25 May, this webinar is for you.

Register here to attend https://www.personaltouchfs.com/index.php/gdpr/

Finance News 

Credit card debt growth at 12-year high

 

Debt on UK credit cards is growing at the fastest rate since before the financial crisis, figures show.

 

The more regular use of these cards for smaller, contactless purchases explains in part the greater debt being built up over short periods.

However, figures from UK Finance show that the annual growth rate in outstanding credit card debt of 8.3% in February was the highest for 12 years.

New rules to protect credit cardholders from persistent debt take effect soon.

Read the full article here

Source: BBC News 26th March 2018

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Credit card debt growth at 12-year high https://bbc.in/2DU3Q5R

General Insurance News

Landlord Insurance – The Key Stats

 

For more information on Uinsure visit www.uinsure.co.uk/home-insurance or give them a call on 0344 844 3844.

 

 

 

Source: Uinsure Newsletter March 2018

AXA PPP healthcare’s dedicated team to help your business flourish

If the thought of offering private medical insurance (PMI) makes you break out in a sweat then you can take heart that AXA PPP healthcare are on hand to support you. Our dedicated team of regional account managers are well placed throughout the country to give you guidance and information to help you build PMI into your portfolio.  It can help to strengthen your client relationships and give you a key point of difference. Regional Intermediary Director, Adrian Peneycad, takes up the story:

“Since setting up our team of regional account managers five years ago many of the brokers we’ve supported have embedded healthcare insurance into their portfolio, meaning they have a broader range of products to offer their customers.  The new business currently written by local brokers now accounts for a quarter of all our SME and individual business and we’re proud to have supported so many brokers to grow their businesses.”

 

Business experts who know the challenges you face

Our account managers understand how you work and what you need, with many years of experience in the financial services sector and some having worked as brokers themselves.  As Adrian explains:

“Our strength lies in understanding you and your customers so we can support you at every stage – whether it’s finding out about our products and services or explaining the sales process. We’re here to help you choose the level of support that’s right for your customers and for your business.”

In addition to providing support face-to-face we also offer a dedicated telephone-based service through our broker hubs – perfect for when you need a quick update about how a particular quote is progressing.  Or, if you prefer to find the answer yourself, all the information you need is at your fingertips on Amplify our dedicated broker portal where you can find sales literature as well as all the latest news and insight.

Source: AXA PPP Healthcare Newsletter March 2018

Protection News

2017 Claims Statistics

 

See AIG annual life and critical illness claims statistics here

AIG is also sharing more real life stories behind the stats.

So why not read about one of our customers, Alex, who claimed with us in 2017 following a diagnosis of cancer.

You can read his story here

Source: AIG Newsletter March 2018

And Finally… 

What you need to know about the start of the financial year

The new financial year is nearly upon us and with it come some major changes to your pay at work, benefits, pension, student loan repayment and much more.

Click here to read the full article

Source: The Money Advice Service 13th March 2018

 

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How does your household spend compare to the UK average? http://bit.ly/2HLUdck