Group Risk

Payouts by group risk providers rose by over 10 per cent in 2015, with £1.4bn being paid out to a total of 24,603 UK families, according to industry data compiled by Group...

Steve Bridger, Aviva A tax charge of £10,500 could arise from an excepted group life policy payout of £500,000, but creating a new trust and policy prior to the 10-year anniversary of...

John Ritchie, Ellipse The Government must create a new tax-advantaged framework for group life in the event it abolishes pensions tax relief, or risk being accused of taxing widows and orphans, Ellipse...

Johnson Fleming consultancy director Iain Chadwick Group risk quotes will be generated automatically from auto-enrolment data under a new tie-up between Ellipse and employee benefit consultants Johnson Fleming announced today. The digital...

The group risk sector is in the midst of an existential crisis as pension legislation is reviewed says John Greenwood The Chancellor’s long-term plan for an overhaul of the pensions system could...

Over 300,000 more people became members of group risk schemes in 2015, bringing the number of people covered to more than 11.5m, with strong increases in excepted group life cover and critical...

April’s £1m pensions lifetime allowance poses serious questions about the tax efficiency of group life arrangements for high earners. This year’s Budget could make the situation even more uncertain, finds Edmund Tirbutt...

Employer strategies to address stress and mental ill health are reducing their impact as a cause of long-term absence according to Group Risk Development (Grid). New research from Grid shows stress and...

Aviva is launching what it describes as a market first relevant life insurance plan that comes with the option to add critical illness cover. One of two new business protection products on...

The master trust is tying up with Axa Self Investor for the Isa service, which will be made available from the Trust Pensions website or from the scheme portal. Investors will be...