Misplaced Pages

OneFamily

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
British mutual society

The topic of this article may not meet Misplaced Pages's notability guidelines for companies and organizations. Please help to demonstrate the notability of the topic by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond a mere trivial mention. If notability cannot be shown, the article is likely to be merged, redirected, or deleted.
Find sources: "OneFamily" – news · newspapers · books · scholar · JSTOR (April 2019) (Learn how and when to remove this message)
OneFamily
Company typeMutual society
IndustryFinancial services
PredecessorFamily Investments
Engage Mutual Assurance
Founded1974; 51 years ago (1974) (Brighton, United Kingdom)
HeadquartersBrighton, East Sussex, United Kingdom
Area servedUK
Key peopleJim Islam (CEO Designate)
(Chief Executive)
Steve Colsell
(Chairman)
ProductsLife insurance
Child Trust Funds
Individual Savings Accounts
Lifetime mortgages
Bonds
Lifetime ISA
WebsiteOneFamily.com

OneFamily is a financial services provider with offices in Brighton and Hove, Sussex, Peterborough, Leeds and Swindon. It is a mutual society and as such has no shareholders, and is instead owned by its members.

History

In 2022, OneFamily announced its acquisition of life insurer brand Beagle Street.

In 2014, after gaining the backing of 95% of its members, Engage Mutual Assurance merged with Brighton-based Family Investments to create OneFamily, which began trading under its new name from April 1, 2015. The business was moved to Brighton.

OneFamily has 2.6 million customers across the UK and is responsible for £8 billion of assets under management.

Products and services

OneFamily provides a range of financial services including over-50s life insurance, insurance bonds, tax-efficient savings plans, lifetime ISAs, lifetime mortgages and independent lifetime mortgage advice. It also supports existing Child Trust Fund accounts that were created prior to their discontinuation by the British government in 2011, and replaced with Junior ISAs.

See also

References

  1. Members approve Family Investments' merger with Engage Mutual, Cover Magazine, 19 December 2014, retrieved 31 May 2016
  2. Clere, Alex (25 October 2022). "OneFamily to acquire UK life insurance brand Beagle Street". insurtechdigital.com. Retrieved 16 November 2023.
  3. Mutuals rebrand after merger completion, FT Adviser, 1 April 2015, retrieved 31 May 2016
  4. Engage Mutual and Family Investments become OneFamily, Cover Magazine, 1 April 2015, retrieved 31 May 2016
  5. Hartley, Victoria (31 May 2016). "New lender OneFamily to launch inter-generational mortgage". Mortgage Solutions. Retrieved 26 July 2016.
  6. "One to One: Georgina Smith, managing director, OneFamily Lifetime Mortgages". Mortgage Strategy. 25 May 2016. Retrieved 26 July 2016.
  7. "OneFamily marks one year since merger". The Argus. Retrieved 26 July 2016.
  8. "OneFamily Brand Relaunch To Support Growth Plans - News | OneFamily". OneFamily. 18 July 2018. Retrieved 21 September 2018.
Categories: