single parents

When one income supports an entire family, financial planning must be designed to absorb disruption. From income protection and life cover to estate planning, liquidity and retirement savings, single parents need a coordinated financial structure that protects their children and
While putting money away for your child’s education is important, do not neglect your retirement funding. Without adequate retirement funding in place, you could become a financial burden on your child later in life which should be avoided at all
As a single parent, if you are unable to generate an income, you will not have a spouse or partner whose income you can fall back on. An income protection benefit is an excellent way of ensuring that you will