OneFamily
| Company type | Mutual society |
|---|---|
| Industry | Financial services |
| Predecessor | Family Investments Engage Mutual Assurance |
| Founded | 1 April 2015 (Brighton, United Kingdom) |
| Headquarters | , |
Area served | UK |
Key people | Simon Markey (Chief Executive)[1] Christina McComb (Chairman)[2] |
| Products | Life insurance Child Trust Funds Individual Savings Accounts Lifetime mortgages Bonds Lifetime ISA Lifetime Mortgage advice |
| Website | OneFamily.com |
OneFamily is a financial services provider based in Brighton, Sussex, offering savings, insurance and lifetime mortgage products. They are owned by and run for their customers and aim to empower modern families through their financial lives. They strive to innovate with financial products and services that recognise the complexity of modern family life.
History
Like many modern families that join together, they were formed from two mutuals who shared one simple aim - to listen to their customers' needs and help them financially. Engage Mutual and Family Investments were built on solid financial principles - giving customers products and services they could trust and rely on. These principles are the same today as they were when both companies were formed in the 1970s and 80s.
OneFamily began trading under its new name from April 1, 2015.[3][4][5] The business was moved to Brighton.[6][7]
OneFamily has 2.6 million customers across the U.K.[8] and £8 billion of families money cared for.
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.
Member Benefits
OneFamily created the OneFamily Foundation as a benefit to its members.[9] Members can apply for personal grants of up to £500 for themselves or those they care about throughout the year, and can also nominate community projects in their local area to receive grants twice annually. Voting on the grant recipients is done by public vote, with grants of between £5,000 and £25,000 being awarded.[10]
See also
References
- ^ Firing Line: Simon Markey, FT Adviser, 14 August 2015, retrieved 31 May 2016
- ^ Members approve Family Investments’ merger with Engage Mutual, Cover Magazine, 19 December 2014, retrieved 31 May 2016
- ^ Mutuals rebrand after merger completion, FT Adviser, 1 April 2015, retrieved 31 May 2016
- ^ Engage Mutual and Family Investments become OneFamily, Cover Magazine, 1 April 2015, retrieved 31 May 2016
- ^ Hartley, Victoria. "New lender OneFamily to launch inter-generational mortgage". Mortgage Solutions. Retrieved 26 July 2016.
- ^ "One to One: Georgina Smith, managing director, OneFamily Lifetime Mortgages". Mortgage Strategy. Retrieved 26 July 2016.
- ^ "OneFamily marks one year since merger". The Argus. Retrieved 26 July 2016.
- ^ "OneFamily Brand Relaunch To Support Growth Plans - News | OneFamily". OneFamily. 2018-07-18. Retrieved 2018-09-21.
- ^ Ikonen, Charlotte. "Watford children's charity launches appeal for funding". Watford Observer. Retrieved 26 July 2016.
- ^ https://www.onefamily.com/your-foundation/community-awards/