The Autumn Budget contained important small print that, depending on whether it gets its act together in 2018, writes Paul Avis, could end up proving a real concern or genuine opportunity for the group life assurance sector
Group life assurance (GLA) is an amazingly tax-efficient benefit. Lump sum benefits are paid to an employee's survivors or nominated beneficiaries tax-free and fall outside of the deceased person's estate. Premiums paid are tax-free for the employer. There is an exception, however, with salary sacrifice excepted policies treated as P11d/benefits in kind for employees following OPRA changes implemented in April 2017. As such, is there now a worry - and an opportunity - emerging from the small...
Peter Mann joins the insurer's board following acquisition of Guardian Assurance.
Industry conference about the latest innovations in digital healthcare technology returns to ExCel, London, on 13/14 March.
Future Proof are supporting the Canine Partners in 2018, a charity that transforms the lives of those with physical disabilities.
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