The government has announced that the new Bereavement Support Payment which comes into effect in April this year will be extended from 1 year to 18 months, although payments are now lower on a monthly basis.
This was a recommendation of the Committee in its Support for the bereaved report in March 2016 on bereavement benefits. The reforms come into effect from 6 April 2017 and is now one benefit which replaces bereavement payment, bereavement allowance and widowed parent"s allowance. Caroline Nokes MP, minster for welfare delivery, said of the changes: "The old system could be unfair, complex and also act as trap preventing people from moving on with their lives. "That"s why we are modernising...
A view from Aegon's customer and consumer panel has revealed that four out of five (83%) people who purchased protection policies were unaware that providers publish this information.
Cirencester Friendly has released its 127th Annual Report and Accounts, which reveals 'accelerated' growth during 2016, with income, assets and Membership all increasing.
Fiona Murphy asks Debbie Kennedy, group head of protection strategy at Royal London, ten rapid fire questions on the launch of Diabetes Life Cover.
Royal London has launched its long-awaited life cover for people with Type 1 or Type 2 diabetes.