Employer National Insurance contributions will increase from 13.8 percent to 15 percent from April 2025, chancellor Rachel Reeves has confirmed in her first Budget today. But there has been no introduction of...
Insurers are calling for the Chancellor to review taxation arrangements for group risk and healthcare policies in next week’s Budget to reduce “double taxation” on premiums. Many are concerned that tax rules...
Vitality has launched a new benefit statement for policyholders, setting out in pounds and pence the value of the various services and rewards used on its health and insurance plans. These statements...
The new government clearly has an overflowing in-tray and at present speaking to journalists about its plans for the group risk industry is further down the immediate ‘to do’ list. Neither Wes...
Unum’s UK chief executive Mark Till has joined the board of the Association of British Insurers (ABI). This board provides the strategic direction to the Association’s work and is chaired by the...
Traditionally, it’s probably safe to say that group risk intermediaries were comfortable that the insurer had limited contact with clients. This may have been OK when the products’ value was centred around...
Employee engagement with benefit programmes is falling, despite a third of employees saying they want more support with their health. PIB Benefits found that will 37 per cent of employees do not...
The FCA is launching a review into the operation of the pure protection market over concerns at unnecessary switching and loaded commissions. It will also examine whether products provide fair value for...
The Financial Conduct Authority has warned insurers and advisers about potential regulatory action amid concerns that some providers are failing to fully meet new Consumer Duty rules. These warnings follow a thematic...
The number of people using apps to access remote health and wellbeing services continues to rise steeply amid NHS delays. Data from Unum shows there has been a 266 per cent increase...
