Protection experts say that while the industry has made progress in providing support services for bereaved individuals and their families, there is still more that can be done to offer greater breadth and depth of support, writes Georgie Lee.
According to research carried out in 2019 by the Bereavement Standards Working Group to examine bereavement standards across all sectors of the UK economy, the financial services sector emerged as the best sector for bereavement standard support. "This might surprise you," said Johnny Timpson OBE, commented. Timpson, who left Scottish Widows in 2014 after nearly 30 years, and has since been working in financial services, academic, and third sector advisory roles, adds that the life insurance sector was found to be best in class. He cites various reasons for the sector's performance, i...
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