Marco Ferato, chief marketing officer at Unum, discusses the employee benefits market moving away from a reliance on life cover and towards addressing the risk of sickness absence.
Think Tank Demos recently called for a minimum IP proposal along the lines of pension auto enrolment. John Letizia agrees.
Unum has launched an online employer toolkit to help support employers dealing with cancer in the workplace.
A failure to tell staff about the benefits on offer is costing UK firms £2.7bn a year through increased staff turnover and sickness absence, Cass Business School research reveals.
Government should encourage greater take-up of income protection (IP) to relieve the burden on the taxpayer and Treasury and improve attitudes to the welfare state, MPs heard yesterday.
Unum has launched Sick Pay Insurance (SPI), a new group protection product to help employers and employees manage short breaks from work due to illness and injury.
Employee benefits must be overhauled as they have failed to adapt to a changing workforce leaving workers financially exposed, a report has urged.
Half of workers assume their boss would foot the bill for long-term sick leave.
Tax relief for businesses for health interventions is a great start, says Unum's John Letizia, but we should push for more
The excessive complexity of many financial products has dogged the financial services industry for as long as anyone can remember. I hope the publication of Carol Sergeant's Review of Simple Financial Products proves to be a watershed for the industry...