More than half of SME employers fear the cost impact of the government's health and welfare reforms, according to Jelf Group.
As a result it called for the House of Lords to help prevent potentially severe consequences and examine the effects on business of the new regimes. The employee benefits intermediary conducted a poll of 169 SME businesses at a recent seminar and found 55% worried about the reform's implications. It suggested the main reasons that employers were fearful of increased financial pressures came from government overhauls of the NHS and welfare systems. “Anecdotal evidence of increased waiting...
'Algorithms can only go so far'
Vitality, the life and health insurer, has today announced plans to launch a suite of investment products towards the end of 2017.
LV= discusses how it would like to see financial resilience top of the agenda for the new Single Financial Guidance Body (SFGB).
When the government announced the proposed changes for salary sacrifice in the Autumn Statement last year, it felt like the end of workplace benefits, writes Jeff Fox.