More men 2. More recently the survey has researched the changing financial needs of the LGBT Community and this year there has once again been a particular focus suitability of amounts of cover suitable for LGBT applicants. Some pensions still provide for a spouses pension. Credit Cards. But I do suggest that you stay alert for the respect, sophistication, and grace that are as essential to do this job well as are financial savvy , ethics, and integrity. Borrowing for this group of people has almost come to a halt, but thankfully there are some options available by taking specialist advice.
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The Evolving LGBT Financial Experience: 5 Research Insights
An example is pension planning. Gay men have been able to access Life Assurance products on equal terms since , however, there sometimes can still be requirements around trust documentation and HIV testing on larger policies that still require specialist advice and guidance. Start My Plan. Next of kin is the nearest relative by blood or marriage. Our friends at Compass would like to take the opportunity of wishing everyone a very happy Gay Pride season.
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However, there are very few financial products that are LGBT branded, partly because this would be seen as discriminatory. Our sponsors Compass have a long history of supporting worthy causes within the gay and HIV communities. The major high street lenders have lost interest in providing mortgages to this group of people and they should approach a specialist mortgage broker for advice.
Gay men have been able to access Life Assurance products on equal terms since , however, there sometimes can still be requirements around trust documentation and HIV testing on larger policies that still require specialist advice and guidance. Our focus is on strategies, advice, and client service, not products and sales. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level. For Fiduciary Financial Advice, yes it does really matter if your financial professional is acting as a Fiduciary. Combined Shape United States.