OneFamily is a

financial services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...

provider with offices in

Brighton and Hove Brighton and Hove () is a city and unitary authority in East Sussex, England. It consists primarily of the settlements of Brighton and Hove, alongside neighbouring villages. Often referred to synonymously as Brighton, the City of Brighton and H ...

Sussex Sussex (), from the Old English (), is a historic county in South East England that was formerly an independent medieval Anglo-Saxon kingdom. It is bounded to the west by Hampshire, north by Surrey, northeast by Kent, south by the English ...

, Peterborough, Leeds and Swindon. It is a

mutual society A mutual organization, or mutual society is an organization (which is often, but not always, a company or business) based on the principle of mutuality and governed by private law. Unlike a true cooperative, members usually do not contribute to ...

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

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 ga, Rialtas a Shoilse gd, Riaghaltas a Mhòrachd , image = HM Government logo.svg , image_size = 220px , image2 = Royal Coat of Arms of the United Kingdom (HM Government).svg , image_size2 = 180px , caption = Royal Arms , date_es ...

in 2011, and replaced with Junior ISAs.

References

{{Reflist, 30em Financial services companies established in 2015 Companies based in Brighton and Hove Friendly societies of the United Kingdom British companies established in 2015

History

Products and services

See also

References