Richard Walsh: Sick pay vs group income protection

clock • 3 min read

Potential changes to workplace sick pay entitlement could provide a group income protection opportunity for advisers

Last year I wrote about the Matthew Taylor Review into Modern Working Practices and this year the Department for Business, Energy and Industrial Strategy (BEIS) produced its response. Most of the commentary focused on the decision not to change the tax arrangements for self-employed people however their response covered a lot more. Of particular interest to protection insurance providers are their plans on workplace statements for employees and that more people in the gig economy should have the right to move to more permanent employment arrangements - with the same rights on employer...

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