Only 16% of employers have failed to at least maintain the value of their employee benefits package through the recession, according to industry body Group Risk Development (GRiD).
The group risk industry should be smiling broadly not merely breathing a sigh of relief following the confirmation of an exception from retirement age legislation, said Swiss Re.
An exception for employers offering group risk benefits has been included in Government plans to scrap the default retirement age (DRA).
Legal & General has altered its Income Protection Benefit medical evidence limits, in a bid to improve the application process for customers.
Alico has been rebranded under the MetLife name following its acquisition by the company in November.
Employers are neglecting business protection and employee benefits in a bid to cut costs, according to a new study.
Canada Life is updating to its online business portal to include new and redesigned electronic reports for advisers.
Aviva is introducing additional services and a new escalation rate for its group income protection (GIP) product.
A fresh approach is needed to generate growth in the group risk market and tackle the challenge of impending legislative changes, according to Jelf Group.
Canada Life is planning to produce a further series of focused broadcasts for its website.