Corporate clients with significant staff numbers to auto-enrol are struggling to pin down budgets for other employee benefits, an adviser has said.
One of the main reasons firms buy a workplace health benefits programme is to integrate benefits.
Ensuring the right diagnosis for a medical condition will be crucial for employee health and employer private medical insurance costs, Canada Life has said.
Whilst soft markets for Group Life, and Death in Service Pensions are ending, the trend for Group IP is towards reducing premiums although the Group Critical Illness market continues to grow, according to Canada life.
Group risk advisers should take advantage of the "perfect" business opportunity created by auto-enrolment with the phase-in now underway, Canada life has said.
With the introduction of gender equalisation, Canada Life International has announced its approach unisex rates for its Flexible Life Plan.
No longer just an insured benefit, group IP is making waves with a range of additional features and is set to benefit from auto-enrolment and changes to the default retirement age. Nicola Culley finds out why it could be a gold mine for advisers.
Some of the categories were very tight for this year's COVER awards. Others were new entrants to some categories; particularly notable in the healthcare sector.
Canada Life has announced its post-Retail Distribution Review (RDR) proposition and the charging options it will make available on its products.
Canada Life is converting its whole-of-life Flexible Life Plan into a pure protection product, meaning it can continue to pay commission post-Retail Distribution Review (RDR).