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News

Group Protection

Default retirement age abolition thrown into doubt after ruling

Employers could have powers to forcibly retire employees at 65, the Supreme Court has ruled, throwing into doubt the abolition of the default retirement age.

clock 25 April 2012 •

Individual Protection

Protection sales dropping - Scottish Widows

Research from Scottish Widows shows fewer people buying protection even though they know savings are insufficient to cope in event of lost income.

clock 25 April 2012 •

Group PMI

Aviva adds trust excess to corporate PMI schemes

Aviva is introducing an excess healthcare trust option to its corporate private medical insurance offering.

clock 25 April 2012 •

Client Acquisition

Over half claiming ESA fail the assessment - DWP

Government figures for the quarter to August 2011 reveal that 54% of people who go through the Work Capability Assessment are found fit for some form of work.

clock 24 April 2012 •

Group Protection

Grid hails recovering group market

Group Risk Development (Grid) has hailed Swiss Re's group risk market report as "most encouraging."

clock 24 April 2012 •

Group Protection

Employers becoming "benefits facilitators" - Swiss Re

Employers are increasingly becoming benefit facilitators rather than benefit providers, Swiss Re's Group Watch survey finds.

clock 24 April 2012 •

MPPI

Industry agrees rearguard action against PPI claims firms

At a summit, a group has called for industry-wide standardization of the PPI claims process to fight "unscrupulous claims management firms," and simultaneously took a side swipe at government inaction.

clock 24 April 2012 •

Group PMI

Treasury hesitant over tax breaks for undervalued health benefits

The Treasury is reluctant to introduce tax breaks for workplace funded healthcare because it fears employers do not value or utilise it correctly, the Work Foundation says.

clock 24 April 2012 •

Employee Benefits

ACAS tackles mental issues at work

The Advisory, Conciliation and Arbitration Service (Acas) has released a guide tackling mental illness issues in the workplace.

clock 23 April 2012 •

Income Protection

Average age for an IP claim just 44, as Aviva pays out £29.5m in 2011

Aviva's income protection cover provided payments totalling more than £29.5m in 2011, helping around 2,600 customers and paying out on over 91% of income protection claims in 2011.

clock 23 April 2012 •
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