Employers are deliberately not communicating group risk benefits to ensure they are not abused, with less than a third detailing group risk benefits in their employee benefit statements, research from Group Risk...
Bringing protection within the pensions dashboard would be good for both consumers and the industry, with technology acting as the crucial enabler for group risk providers to keep their members informed, says...
A strong business case exists for utilising group risk services to manage mental health in the workplace, says Group Risk Development spokesperson Katharine Moxham One in four people will be affected by...
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...
