News

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

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

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.

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

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

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.

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.

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

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.

The majority of the population is significantly overestimating the risk of needing long term care and want an alternative to residential care, according to research by Audley Retirement.