www.defaqto.com | Helping people make better financial decisions.

Press Releases

12 March 2010

Many people celebrating Mothering Sunday this weekend will no doubt conclude our mothers are priceless and we couldn’t do without them even for a day. But most insurers offering homemaker’s cover under income protection plans would not pay out for four weeks leaving a potentially, large financial gap for stay at home mums.

With just 22% of women seeking advice on retirement planning in this country, it’s time to give your mum a financial makeover.

12 March 2010

Flowers, chocolates and spa days will be the obvious gifts of choice this Mother’s Day but, while appreciated by mothers across the country, will they improve her financial future or retirement options? Women are typically “second best” on issues surrounding retirement planning with a mere 22% having sought advice: Defaqto research¹ illustrates:

Critical illness sales hold up despite plummeting mortgages

10 March 2010

Defaqto’s new guide to Critical Illness published today reports that despite declining mortgage sales, critical illness sales have not suffered as much as expected.

Rapid research for over 5,000 financial products and 21,000 funds

9 March 2010

Defaqto Engage now enables financial advisers to quickly assess over 5,000 financial products*.

Defaqto’s unique, online research tool enables advisers to complete fund and product research, performance graphing and produce bespoke and personalised reporting to meet Treating Customers Fairly (TCF) requirements.

Smokers could save nearly £2,000 on life insurance by quitting mid policy

8 March 2010

Smokers save as much as £1,640¹ a year by quitting but could also benefit from cheaper life assurance even if they were smokers when they took out their policy.

One year of base rate at 0.50%

4 March 2010

The Monetary Policy Committee’s decisions to leave the Bank of England base rate at 0.50% for an entire year leaves the nation’s hard pressed savers between a rock and a hard place.

David Black, Banking Specialist at Defaqto said: “With inflation at 3.50% and tax being levied on gross returns it’s getting really hard for savers. Once again those hardest hit will be those who rely on savings interest to supplement their day-to-day living, which will be the case for many pensioners.

Multi-manager cash positions at lowest level for over 18 months

2 March 2010

The latest edition of Defaqto’s free multi-manager guide shows the increasing confidence of multi-managers in the market, with cash positions being at their lowest levels for more than 18 months.

Fashionistas should ensure they're properly covered this spring

20 February 2010

With the value of the average woman’s wardrobe estimated at £7,000, many of us are potentially at risk of being underinsured claim Defaqto.

With London Fashion week already in full swing, you may well be dreaming of snapping up the perfect investment purchase to ensure you’re on trend for the season ahead. But whether you have a passion for designer clothes or your tastes are more Primark than Prada, you are potentially at risk of underinsuring the clothing, shoes, jewellery and accessories in your wardrobe claim ratings agency Defaqto.

Only 5% of multi-managers have a long term, demonstrable track record

16 February 2010

Defaqto’s latest free guide to multi-manager investment reveals that despite Investment Management Association (IMA) figures showing yet another record high for funds under management by multi-managers, there are only a handful with a demonstrable track record.

Despite market uncertainty and tough trading conditions, the IMA shows around £42bn of multi-manager assets under management by its members at the end of 2009. This is an increase of some 42% from the end of 2008, and over 260% for the decade.

Inflation makes it really tough for savers

16 February 2010

The latest annual inflation figures of 3.7% for the Retail Prices Index (RPI) and 3.5% for the Consumer Prices Index (CPI) mean that both basic and higher rate taxpayers face a near impossible struggle to get a real rate of return on taxable savings accounts.

The interest rates required on taxable savings accounts merely to keep pace with inflation are:

Press Releases

Financial Products

Life Events

Tools