Group risk trade body urges employers to tailor support to younger demographic on World Mental Health Day
Multiple group life policies can be written to 'simplify' employer experience
Over a third of small-to-medium-sized firms are using flexible working to support staff compared to under a quarter of large firms
Less than half of employers realise that GLA policies pay out regardless of whether death is work related
Poor management alongside lack of monitoring and recording of absence could be combatted by group risk products
1,000-strong consultancy signs up to group risk trade body
Industry body for group risk responds to Office of Tax Simplification request for IHT feedback
'Good grounding' for GRiD and CII's GR1 qualification
GLA policies typically cost less than half a percent of payroll and extra support benefits provide extra value for money, despite common misconceptions
With Mental Health Awareness Week upon us, Suzanne Clarkson explores what the individual IP market can learn from their group counterparts when it comes to supporting people with mental health issues...
CIC represents 23% of all claims and income protection accounts for 12%, according to figures from ABI and GRiD
'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
Lack of workplace initiatives and no group protection both reasons for higher than above average employee sickness
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
Employee benefits adviser signs up to Group Risk Development trade body
He replaces Lee Lovett, CEO of Ellipse, who stepped down in December.
This January, one in five people are looking for a new job, with almost half of them seeking better offers elsewhere. More effective communication of group risk benefits would help recruit and retain staff, research by GRiD has revealed.
Group Risk Development (GRiD) has made two senior appointments to its board of directors.
The Association of British Insurers (ABI) and Group Risk Development (GRiD) have published claims figures for the whole protection insurance industry showing that insurers paid £5bn overall to customers last year.
Stress and mental ill health remain one of the major causes of long-term absence for businesses but there have been improvements compared to last year, according to research from Group Risk Development (GRiD).
Chancellor George Osborne has announced changes to the benefits system, including lowering the cap on benefits and changes to the Employment and Support Allowance.
A fifth of employers want the next government to do more to support staff wellbeing, research from Group Risk Development (GRiD) has found.
The Financial Inclusion Commission (FIC) has called for a minister for financial health to lead on financial inclusion and capability.
Sickness absence rates have decreased for 40% of employers in the last 12 months, a survey for Group Risk Development (GRiD) has found.