OneFamily
{{Short description|British mutual society}}
{{Use dmy dates|date=April 2022}}
{{notability|Companies|date=April 2019}}
{{Infobox company
| name = OneFamily
| logo = OneFamily Logo.png
| type = Mutual society
| predecessor = Family Investments
Engage Mutual Assurance
| foundation = {{start date and age|df=yes|1974|}} (Brighton, United Kingdom)
| location_city = Brighton, East Sussex
| location_country = United Kingdom
| area_served = UK
| key_people = Jim Islam (CEO Designate)
{{small|(Chief Executive)}}
Steve Colsell
{{small|(Chairman)}}{{citation|url=http://www.covermagazine.co.uk/cover/news/2387830/members-approve-family-investments-merger-with-engage-mutual|title=Members approve Family Investments' merger with Engage Mutual|publisher=Cover Magazine|date=19 December 2014|accessdate=31 May 2016}}
| industry = Financial services
| products = Life insurance
Child Trust Funds
Individual Savings Accounts
Lifetime mortgages
Bonds
Lifetime ISA
| homepage = OneFamily.com
}}
OneFamily is a financial services provider with offices in Brighton and Hove, Sussex, Peterborough, Leeds and Swindon. It is a mutual society 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.{{Cite web |last=Clere |first=Alex |date=2022-10-25 |title=OneFamily to acquire UK life insurance brand Beagle Street |url=https://insurtechdigital.com/articles/onefamily-to-acquire-uk-life-insurance-brand-beagle-street |access-date=2023-11-16 |website=insurtechdigital.com |language=en}}
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.{{citation|url=http://www.ftadviser.com/2015/04/01/ifa-industry/companies-and-people/mutuals-rebrand-after-merger-completion-Q9OI3pTiDHRjMpifzjvvpO/article.html|title=Mutuals rebrand after merger completion|publisher=FT Adviser|date=1 April 2015|accessdate=31 May 2016}}{{citation|url=http://www.covermagazine.co.uk/cover/news/2402410/engage-mutual-and-family-investments-become-onefamily|title=Engage Mutual and Family Investments become OneFamily|publisher=Cover Magazine|date=1 April 2015|accessdate=31 May 2016}}{{cite web|last1=Hartley|first1=Victoria|title=New lender OneFamily to launch inter-generational mortgage|url=http://www.mortgagesolutions.co.uk/news/2016/05/31/new-lender-one-family-launch-inter-generational-mortgage/|website=Mortgage Solutions|date=31 May 2016|accessdate=26 July 2016}} The business was moved to Brighton.{{cite web|title=One to One: Georgina Smith, managing director, OneFamily Lifetime Mortgages|url=https://www.mortgagestrategy.co.uk/one-to-one-georgina-smith-managing-director-onefamily-lifetime-mortgages/|website=Mortgage Strategy|date=25 May 2016|accessdate=26 July 2016}}{{cite web|title=OneFamily marks one year since merger|url=http://www.theargus.co.uk/business/14526137.OneFamily_marks_one_year_since_merger_with_60__sales_boost_and_recruitment_drive/|website=The Argus|accessdate=26 July 2016}}
OneFamily has 2.6 million customers across the UK{{Cite news|url=https://www.onefamily.com/our-story/media-centre/2018/onefamily-launches-refreshed-brand/|title=OneFamily Brand Relaunch To Support Growth Plans - News {{!}} OneFamily|date=2018-07-18|work=OneFamily|access-date=2018-09-21|language=en-GB}} and is responsible for £8 billion of assets under management.
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.{{cn|date=May 2022}}