Unum has published its third annual claims statement with information on every new group income protection (GIP) claim it paid in the last year.
For the first time, the insurer has published data on the differences in group income protection claims made by men and women at different stages of their lives. Whie claims increase greatly with age, high numbers of women claim throughout their working lives Younger working women are particularly affected by mental health problems - 42% of women making a mental health claim are under 40 years old, compared to 21% of men. Almost a third of women who claim earn under £20,000, Unum said...
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.