News

• Money worries see six in ten people go to work when ill, according to new poll from Nationwide
• One in three ignore doctor’s advice due to financial concerns, even when worried about serious illness
• Three in ten have no financial protection if they were off work while 27% could only last a month
• But less than three in ten have an income protection policy should they fall ill or become injured
• Nationwide Injury & Illness insurance can help protect income if off work for four weeks or more

• New cover aimed at giving protection at a time many have found themselves unable to work
• Covers income up to a maximum of £2,000 a month for up to 12 months and is paid monthly
• Research reveals 51% of under 35s say income protection more important since pandemic

• Nine in ten of Gen-Z (aged 16-24) are investors or have considered investing
• Two fifths of this age group expect to make big gains from investing
• Almost half of Gen-Z learned about investing from watching Hollywood films
• Younger generation believe they will see returns considerably faster

More than two million privately rented households in the UK have no insurance policy on their properties, despite the contents of an average property amounting to £25,126, according to a new poll.

The gap in cover is shown in new research by Nationwide Building Society as it highlights the need to protect belongings in homes, regardless of whether they are owned or rented.

Nationwide Building Society has selected the AA as its new breakdown provider for its market leading FlexPlus current account.

• Apple Business Chat enables members to securely message Nationwide directly via the Messages app on Apple devices
• More than 14,000 conversations with members have been held via the service since 23 April
• Powered by global conversational solutions provider, LivePerson, new service gives members a direct line to Nationwide experts to help with a range of queries

Nationwide Building Society is today announcing that it will offer members six-months free subscription to Switchd (This link will open in a new window), a company that automatically switches people’s energy supplier to ensure they are always on the best deal.

• Comprehensive online resource provides payment breaks during coronavirus outbreak
• Credit cards, loans, overdrafts as well as residential and Buy-to-Let mortgages included
• Nationwide emphasises need to support people in the simplest way at an unprecedented time
• Society urges people to go online in order to free up phone lines for elderly and vulnerable

As the world’s largest building society, we remain uniquely positioned in the UK banking market and we continue to strive to bring our great service, innovation, and long-term value to small businesses.

23 branches across Sussex and Essex will pilot new approach to make people more comfortable

Nationwide Building Society is trialling a range of measures in branches to make the experience as comfortable and convenient as possible for members living with hidden disabilities.

Assessment Period 1 (July 1st, 2019 – September 30th, 2019)

• Member Credit Card offers unlimited commission-free usage worldwide
• Card offers choice of two introductory offers: 0% on balance transfer for 18 months or a 15-month 0% offer on purchases and balance transfers
• Only card on market to offer travel benefit and choice of interest free introductory offers