Putting the right safety net in place to safeguard against financial injury is largely overlooked by UK consumers due to a lack of knowledge and understanding
Would you go rock climbing without a safety line or ride a motorbike without a crash helmet? Of course not, and if you think about it, no one should live their working life without a financial safety net either. Some might consider savings their safety net but when we put ourselves at risk of financial injury, years of hard work building up savings and investments can be very quickly eroded. As we progress through life we tend to accumulate more and more responsibilities - mortgages, spouses, children, loans, the list seems endless. People don't always think about these risks, many may...
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