Exempt excepted group life from IHT charges – Grid call to OTS
The group risk industry body is asking the Office of Tax Simplification (OTS) to push for an exemption from the potential charges where the sole asset of a discretionary trust is an...
Group Life
Group risk training academy launched by Grid
Open to both intermediaries and providers, the academy will launch with two workshops. Areas covered include understanding the market, products and added-value benefits, taxation, legislation and underwriting. The first workshop is in...
Group life sector challenges suicide non-payment misconception
During Dying Matters week, 14 – 20 May 2018, Group Risk Development (Grid) is addressing what it sees as being wrongly held perceptions that someone’s family would not receive a pay-out should...
Group risk payouts up £41m as 7,800 referred to support
The headline figure for total payouts rose by £120m, to £1.6bn paid out in claims in 2017, but a change in the way group income protection figures are reported accounted for £79m...
IP should come as standard say a third of workers
The research found 42 per cent of employees with workplace income protection are unclear on its benefits, not knowing howlong they would receive benefit payments for should they become unable to work...
TUNE IN AT 11.30 LiveStream Video – Group Risk: What more to expect in 2018?
Hear key industry experts debate the big challenges facing group risk professionals, and send in your questions for the panel to answer live on air. CLICK HERE TO RECEIVE ALERTS FROM CORPORATE ADVISER...
Group Watch: Call for exemption as EGLPs lead sales surge
Long-term disability income premiums stood at £724m in 2017, up 6.3 per cent on the previous year, while death-in service premiums rose to £1.3bn, an increase of 4.3 per cent. Group critical illness...
‘Group life assurance’ most hated group risk product name
Group risk products should be renamed to more engaging alternatives to make them more understandable and likely to be bought, research from Canada Life Group Insurance suggests. ‘Group life assurance’ has been...
Paul Avis: The Budget threat to group life as we know it
A consultation on the taxation of trusts could have massive implications for the tax breaks available on group life says Canada Life Group Insurance marketing director Paul Avis. The industry needs to...
Terminal illness tax lottery fails to deter excepted group life boom
Increasing numbers of employers face a terminal illness tax lottery because of HMRC rules that levy tax on life cover where employees are struck by conditions that give them 12 months to...
