Most people have not made a will

Research from the Foresters Friendly Society and ICM Direct says six in ten people do not have a will; another one in ten does have a will but has not told anyone where it is kept, and one in eight has not reviewed their will for more than ten years.

One in four have never even thought about making their will and about the same amount thought they were too poor to have a will. Half of those between 55 and 64 have not made a will.

The research marked the launch of the society's welcome gift will-writing service, which e offered to new 50+ Life Cover policy customers paying a monthly premium of £25 a month or more.

Life insurance news: 19 May 2011