employee benefits
GRiD calls for OTS to reduce costs for employers offering life
Industry body for group risk responds to Office of Tax Simplification request for IHT feedback
Quarter of employees value extra holiday over pay-rise
Half of Generation X and Baby Boomers see health insurance and death in service as major concern compared to a fifth of Generation Z and Millennials
GRiD: Group life assurance not paying out for suicide is a myth
GLA policies typically cost less than half a percent of payroll and extra support benefits provide extra value for money, despite common misconceptions
Katharine Moxham: Ready to respond?
With a BEIS consultation ongoing, GRiD's Katharine Moxham issues a rallying call for group income protection
97.8% of all group and individual claims paid in 2017
'Record-breaking' £5bn in total pay-outs for protection industry last year and £1.6bn paid out for group risk, according to ABI and GRiD
Only 40% of UK workers happy with workplace benefits
However 61% of employers believe employees are satisfied by benefits packages
Swiss Re Group Watch: Group risk grows by 3.1%
Long-term disability income increases following years of decline
Over three million employees juggling care with work
Flexible working options supported by most employee benefit consultants, while just under half are for paid short-term leave benefits
77% of employees more productive due to flexible working
Employees working from home less stressed than in cubicles or open plan offices
Richard Walsh: Sick pay vs group income protection
Potential changes to workplace sick pay entitlement could provide a group income protection opportunity for advisers
Lockton's Mike Tyler steps aside for two new UK benefits leaders
Benefits pioneer to retire from full-time employment
Employers need clarity on government childcare voucher scheme
Government decision to keep salary sacrifice open for further six months causing HMRC confusion
41% of employers unprepared for new HMRC tax rules
Companies have one month to prepare for new regulations coming into force in April
Rising auto-enrolment contribution an employee benefits opportunity
Upcoming launch of higher employer and employee minimum contributions offers chance to highlight value of employee benefits to clients, research by MetLife UK has revealed
Employers should use EAPs to treat apprentices fairly
It is a legal requirement to ensure all employees are supported equally and utilising employee benefits is a recommended way to do so, GRiD has advised
Employers should record employee financial stress via EAPs
Financial wellbeing firm Neyber suggests better use of employee assistance programmes (EAPs) would benefit both workers and companies
Ellipse launches employee benefits benchmark tool
Ellipse has launched a 'benefits benchmark' tool aimed at advisers who would like to measure the extent of their corporate clients' employee benefits against those of their competitors.
Employers proactive as workplace mental health issues rocket
Stress and mental health-related illnesses at work rose from 55% to 68% over the past year, a survey by Aon Employee Benefits has revealed, but more is being done by employers.
Metlife appoints head of global employee benefits
MetLife has named executive vice president James Reid as head of its global employee benefits business.
The SME gap is the biggest challenge for employee benefits
Flexible and voluntary benefits within small-to-medium enterprises offer most effective solution for closing employment benefit gap, MetLife UK research finds.
Fit for Work: the undeniable truth
Why did Fit for Work really fail? What now for SME's? And how can intermediaries help? By Carl Laidler, director of screening programmes at Health Shield Wellbeing gives his view.
Unum acquires Polish insurer Pramerica Życie
Unum is to acquire Pramerica Życie, an insurer based in Poland, from a subsidiary of Prudential Financial (PFI.)
Just 2% of gig workers have access to insurance via their workplace
Just 2% of gig economy workers have access to life Insurance, income protection or life insurance via their gig company, according to new research by Zurich UK.
Canada Life extends BusinessCare to all CLASS policies
Canada Life Group Insurance has made BusinessCare, the business and legal support service, available to all CLASS policyholders.
