Revisiting the Autumn Statement

clock • 4 min read

Legal & General's Martin Noone revisits the Autumn Statement's consequences for group income protection.

The ‘Improving Lives: Work, Health and Disability' green paper published by the Work and Pensions minister at the end of October, encouraging companies to invest in their employees' wellbeing, was a welcome development. It provided a great opportunity to highlight the valuable support that group income protection (GIP) already provides and heighten the debate around it through discussions with employer groups and federations. It was confirmed in official figures shortly afterwards that only 7% of the population has insurance through GIP; a concerning statistic given the number of peop...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

Chancellor pledges growth in every postcode but avoids tax questions

Chancellor pledges growth in every postcode but avoids tax questions

Healey's first major speech as chancellor

Jack Roach
clock 07 September 2026 • 3 min read
IHT receipts hit £3.2bn

IHT receipts hit £3.2bn

Up by £100m on last year

Isabel Baxter
clock 21 August 2026 • 3 min read
FOS outlines reforms to complaints process

FOS outlines reforms to complaints process

FOS/FCA joint thematic review to come later this year

Isabel Baxter
clock 11 August 2026 • 3 min read