Press releases and research from OneFamily. The information on these pages is intended for journalists. If you’re not a journalist, visit our Savings Hub for the latest articles.
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Businesses are being urged to pay attention to teenagers as three-quarters demand active steps to be greener post-pandemic.
If offered £5,000, almost eight out of ten (79%) teenagers said they would put the money into savings – the most popular response given.
Friendly society OneFamily is to use teen-friendly tech to make life easier for its 1.6 million child trust fund account holders, as their accounts mature from September this year.
Parents spend around £1,700 a year caving in to pester power – but most manage to turn the pressure into a teachable moment.
After seven years, OneFamily Chief Executive Simon Markey will be stepping down, to be succeeded by current Chief Finance Officer Teddy Nyahasha on the 1 January 2020.
Millions of parents are encouraging their teens to do well in school exams by incentivising good results with cash or gifts, pledging £150 per child – the equivalent of £150m across the UK.
Research amongst later life financial advisers by OneFamily has revealed that a quarter (25%) of their clients have an idea of what they want when taking advice. However, of these people, over half of them (55%) changed their minds after speaking to a financial adviser, demonstrating the value and importance of financial advice.
New research by financial services provider OneFamily has revealed an estimated £8.5 billion of inheritance wealth is now skipping a generation each year, as older relatives recognise the youngest family members are more in need of support.
