AXA

(01/12/2008) Britons face a staggering £255 billion deficit in home contents insurance cover

AXA report reveals we drastically under-insure our belongings by almost £10,000 per household.

(25/11/2008) Eugene Farrell elected to EAPA board

AXA ICAS business manager Eugene Farrell has been elected to the board of directors of the Employee Assistance Professionals Association (EAPA) – a global body advancing the interests and furthering the development of employee assistance professionals throughout the world.

(22/11/2008) Tax cuts will not drive high street spending

• Research findings reveal the projected impact of tax cuts if they are announced in the pre-budget report
• Only one in five (22%) Britons would increase their discretionary spending on the high street if they received a cut in their taxes worth £60 a month
• 43% of Britons would save any additional monies from these tax cuts and a third (33%) would be most likely to use these funds to reduce their debt burden

(20/11/2008) Financial problems overtake terrorism as the biggest issue facing Britain

• Over half of Britons rate financial problems as the most pressing social issue facing the nation, an increase of a third (32%) in just 12 months
• Fears over terrorism and climate change plunge as personal money worries soar
• In recognition of the financial pressures facing the nation AXA is launching My Budget Day 2008, urging Britons to take an hour a month to manage their finances (www.axa.co.uk/mybudgetday)

(20/11/2008) High rise residents to net £61,653 in one hour financial overhaul

• Financial overhaul of London apartment block leaves residents an average of £737 better off in just one hour
• Financial savings from mortgage migration, national insurance enhancements, savings account changes and utility switching
• Initiative marks the launch of AXA's My Budget Day campaign which encourages the nation to spend an hour every month getting their finances in shape

(15/11/2008) Urgent action needed to prevent £35 billion pension hole

• 1.5 million people planning to stop pension contributions as recession bites
• Two year break would cost 35 year old man £28,700 from his retirement fund