Aegon paid 95% of individual critical illness (CI) claims in the first half of 2017, maintaining the same level of CI claims that were paid for the whole of 2016.
Aegon paid 95% of individual critical illness (CI) claims in the first half of 2017, maintaining the same level of CI claims that were paid for the whole of 2016. The percentage of life claims also remains the same as that reported for the total claims in 2016 at 98%. However the insurer has not published its income protection claims statistics as it is planning to publish these on an annual basis due to a ‘low number of claims.' Simon Jacobs, head of underwriting and claims at Aegon UK,...
Some 85% of employees are more likely to work for employers offering clearly labelled benefits, research from Canada Life has found.
Wellbeing expert David Price discusses a range of practical ways employers can set about looking after the mental health of their staff during the seasonal period
The Financial Ombudsman Service (FOS) will maintain its current funding model for the next financial year despite recognising it is unsustainable in its current form.
The FCA has confirmed that, while businesses will have to identify certified staff from day one under the Senior Managers & Certification Regime (SM&CR), they will have a year to complete fitness and propriety assessments.