Richard Walsh discusses The Taylor Review of Modern Working Practices.
The Taylor Review of Modern Working Practices is an ambitious attempt to address changes in the UK economy where more and more people are no longer employed in the traditional way. This poses a direct challenge to Government policy development and also to protection insurers and advisers and of course to individuals themselves. As the Report says, many people like the flexibility of working atypically - and we must not lose this. However, "flexibility must not be one-way with individuals...
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