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...
Employers are 'in danger of having group risk protection policies that are not legislatively compliant' as the state pension age increases, Group Risk Development (GRiD) has warned.
British Friendly has extended its Mutual Benefits programme to members' wider family via two initiatives.
Capita Life & Pensions has launched a direct-to-customer digital protection system.
Ahead of MiFID II