Confirmation from DWP that lump-sum pay-outs will not be means-tested has 'implications for all types of protection insurance'
Justin Harper, head of protection policy for LV=, has welcomed yesterday's clarification from the Department of Work and Pensions (DWP) regarding Universal Credit following years spent lobbying as part of Building Resilient Households Group (BRHG). However he also pointed out that responsibility now falls upon the industry to tailor advice and develop products accordingly, in order to take advantage of the DWP's decision to allow life insurance and protection lump sum pay-outs to be exempt from...
Only a quarter of multinationals have pooling in place
Equates to seven million people
Regulation needs to recognise that a funeral plan, unlike other financial products, is a service
To coincide with November's Mouth Cancer Action Month, Unum's managing director explores four ways that employees can combat oral cancer