Group Protection

Employees do not understand the level of financial support they would be entitled to if they were unable to work due to sickness, new research has revealed.

Resolution has completed its acquisition of Bupa Health Assurance (BHA), comprising its Group Risk and Individual Protection businesses.

Which? has called for regulators to ensure protection products meet minimum standards.

Best Doctors has expanded its Australian operation by signing an extension with MLC, the wealth management division of the National Australian Bank (NAB).

Only 16% of employers have failed to at least maintain the value of their employee benefits package through the recession, according to industry body Group Risk Development (GRiD).

The group risk industry should be smiling broadly not merely breathing a sigh of relief following the confirmation of an exception from retirement age legislation, said Swiss Re.

An exception for employers offering group risk benefits has been included in Government plans to scrap the default retirement age (DRA).

Legal & General has altered its Income Protection Benefit medical evidence limits, in a bid to improve the application process for customers.

Alico has been rebranded under the MetLife name following its acquisition by the company in November.

The Association of Financial Mutuals (AFM) has welcomed the FSA's exemption of Holloway protection products from the Retail Distribution Review (RDR) but said the ‘limited' concession does not go far enough.