Canada Life Group Insurance

Benefits packages and employee assistance programmes will be crucial given the reported lack of HR workplace guidance, Canada Life has warned.

Employees should be encouraged to lead healthy lives through workplace initiatives, Canada Life has said.

Almost three-quarters (72%) of advisers dealing with group risk believe auto-enrolment will present them with new business opportunities, as employers seek financial advice to ensure they are compliant with its regulations.

Providers should concentrate on low pricing of core services in the group protection market Canada life has been told.

The work performance of 85%of employees has been affected by work, health and personal pressures, according new research from Canada life.

Half of all group income protection (GIP) claims are for conditions where definitive medical evidence is difficult or even impossible to obtain, Canada Life has said.

Paul Avis argues that, in a price sensitive era, early intervention and rehabilitation are important for the containment of group income protection premiums