Seven out of 10 employees to work beyond 65
The UK workforce is ageing at a rapid rate with more than seven out of 10 employees now set to work beyond their 65th birthday, according to new research. Canada Life Group...
Group Risk
Corporate cash plan market grows by 50 per cent in two years
There has been a 50 per cent increase in the number of employees covered by corporate cash plans, according to a landmark new report published by Corporate Adviser Intelligence. The Workplace Protection...
Workplace protection and benefits providers’ data revealed for first time
Group private medical insurance is perceived by advisers as being the workplace protection and wellbeing benefit most valued by employees, but providers in the sector are less prepared to divulge market information...
The ABC of IDD
It is now six months since the Insurance Distribution Directive (IDD) came into force, charged with improving competition in the insurance market, enhancing consumer protection and harmonising sales standards in the insurance industry....
Quarter of all GIP claims now for mental health issues: L&G
Legal & General has confirmed it paid out £292m in group protection claims in 2018. These latest figures show that mental health issues continue to be the main reason for group income...
Grid claims stats: 5,595 people returned to work
The group risk industry paid out a new high of £1.68bn in claims in 2018, a £64.5m increase on 2017, and helped 5,595 people back to work after a period of sick...
L&G enhances employee assistance programme
Legal & General has renewed its partnership with Health Assured to provide an enhanced employee assistance programme. This new offering will be available on all L&G’s group income protection policies. Those covered...
Aviva UK Insurance CEO steps down
Angela Darlington, currently Aviva’s group chief risk officer, will become interim CEO of UK Insurance, having been with the company since 2001 in roles including chief risk officer. Briggs’ departure comes as...
Health Shield joins Grid to boost profile of smaller employers
Cash plan provider Health Shield has joined the industry body Group Risk Development (Grid). The friendly society said this to help increase industry collaboration and ensure that sufficient consideration is given to...
Understaffing major cause of workplace stress: MetLife UK
Understaffing is one of the major causes of stress in the workplace, according to new research from MetLife UK. Their study found that more than half (52 per cent) of employees said...
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