News, announcements & events

Over 10 Million people may have wrong insurance - 18 January 2009

10 million with wrong insurance

Sunday, 18 Jan 2009

According to research from Barclays Bank, as many as 10 million people could have the wrong type of insurance cover due to not updating their insurance policy following lifestyle changes.

An insurance review means tell your insurance company about new jobs, house purchases or having children. As well as possibly being underinsured for things like life insurance, income protection and critical illness cover – failure to inform insurance companies of your full circumstances could open the possibility of a non-disclosure claim rejection.

Director of advice and products at Barclays Financial Planning, David Stuart, reportedly commented: "When you buy a protection policy this should not be the end of the matter. It is crucial that people think about updating any cover, or switching to different types of products. It's a worrying statistic that over 10 million people could have the wrong cover when they think they are protected. Perhaps part of the problem is that people aren't often fully aware of what need and what sum their protection products cover in the first place, especially when they buy without advice."

Shields Financial Services heads East- New office opened - 20 September 2008

SFS opens new Lincolnshire office and adds new consultants

Continuing in the investment of the business Shields Financial Services is delighted to add new offices in Stamford, Lincolnshire. Ed Lewis will head up this office and continue to provide financial advice to clients of Shields Financial Services.

Shields Financial services is a whole of market directly authorised firm providing advice and arraging non-investment protection products to consumers and businesses in the UK.

New consultant at Shields Financial Services - 15 August 2008

Shields Financial Services adds new consultant and keeps it in the family

Shields Financial Services gets a new adviser. Paul Shields will now be adding his experience to the company and joins as Senior Consultant.

Paul brings considerable experience in financial services as well as excellent knowledge in wills, probate. Paul has managed his own legal services business, Trust In Wills.

Shields Financial Services gets Direct Authorisation fromFSA - 08 August 2008

FSA Authorises Shields Financial Services

Today, Shields Financial Services Ltd has received permissions from FSA to enable it to provide advice and arrange non-investment insurance contracts for consumers and businesses in the UK.

As a Whole of Market provider we can source the best priced insurance products and services from the entire market meaning our customers can be sure of receive the best product for their needs.

Commenting on the news, Tony Shields, managing Director said, "We're delighted to have passed the FSA's rigourous assessment criteria. As a leading provider of insurance services we're excited at the opportunity to provide great advice, exceptional service and helping our clients protect themselves and their families from financial hardship".