News

A hike in the base rate of as little as 0.25% would have a much greater impact on the disposable incomes of highly indebted consumers, potentially threatening the UK's recovery, Neil Woodford has said.

GPs could be given incentives to encourage them to refer employees to the Health and Work Service (HWS), but may lose the responsibility of issuing fit notes.

Global life premiums grew by 0.7% in 2013 to $2.608bn, down from 2.3% growth in 2012; research has found.

A generous insurance boss spent more than £500,000 throwing an office party for his staff - which even featured a concert by Olly Murs.

Over half (53%) of insurance industry executives believe there are ‘huge' opportunities for insurers to improve efficiencies and cut costs, according to new research.

While 41% of employees expect to rely on savings if forced out of work due to illness or injury, with the average household savings at only £20 a month (ONS Family Spending 2013), this is less than realistic, Group Risk Development (GRiD) has warned....

LifeSearch has added Engage Mutual's over- 50s life cover to its product portfolio in a move to offer customers ‘a more comprehensive and competitive service.'

Multinational companies are still at the early stages of developing their global benefits strategy and management approach.

KPMG International has released an industry paper, "How well is the life insurance industry keeping pace with rapidly changing technology?", which found it is at risk of falling behind through not embracing today's technologies.

The Financial Ombudsman (FOS) has published case studies of typical private medical insurance (PMI) and protection claims to illustrate the type of claims it has received.