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News

Insurer

Royal London members agree Co-op Bank life insurance deal

Members of Royal London have agreed with plans to acquire the Co-operative Banking Group's life insurance business.

clock 04 June 2013 •

Insurer

Simplyhealth donates £185,000 to cancer research

Scientists investigating the link between diet and mouth cancer have received a £185,000 donation from Simplyhealth.

clock 04 June 2013 •

Employee Benefits

Cycling halves sick days and boosts productivity by £13bn

Cycling could halve workplace sickness and inject £13.7bn annually into British businesses in productivity, new research has revealed.

clock 04 June 2013 •

Employee Benefits

Smokers cost employers additional £4,000 a year

Employers pay an estimated £4,000 per year extra for each employee who smokes compared to the cost of employing a non-smoker, a new study suggests.

clock 04 June 2013 •

Income Protection

Employee benefits must be overhauled to protect workers - report

Employee benefits must be overhauled as they have failed to adapt to a changing workforce leaving workers financially exposed, a report has urged.

clock 04 June 2013 •

Long Term Care

Tenet to advise on LTC consumer site

Tenet has linked-up with online care services and retirement advice site, Ostrich.uk.com, to offer a range of financial support to those looking for ways to fund care.

clock 03 June 2013 •

Employee Benefits

Large claims driving up cost of employer health benefits

The cost of providing health-related benefits for companies in Europe, the Middle East and Africa (EMEA) soared by an average of 3.6% in 2012, new data from Mercer Marsh Benefits has revealed.

clock 03 June 2013 •

Insurer

ABI plan to define claims definitions applauded

Insurers have applauded news the ABI is to refine definitions insurers use to report claims pay-out rates to ensure greater consistency across the industry.

clock 03 June 2013 •

Income Protection

Protection shortfall fears for employers as DB schemes close

Employers closing Defined Benefit (DB) pension schemes should revisit their sickness provision to avoid a costly ‘protection gap', warns Group Risk Development (GRiD.)

clock 03 June 2013 •

Business

Bright Grey launches standalone relevant life plan

Bright Grey has launched its relevant life plan as a separate product outside its business protection menu.

clock 03 June 2013 •
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