Only a small minority of individuals have a full understanding of key pension concepts, with just one in 10 clear on the meaning of the term ’open market option’ and 23 per...
PruHealth is launching a new range of healthcare plans in March for SMEs, corporates and individuals. The product launch, which is its first since the acquisition of Standard Life Healthcare in August...
After years of worry, benefits professionals are breathing a huge sigh of relief now business secretary Ed Davey has confirmed that insured benefits are exempted from age discrimination legislation abolishing the default...
Moxham: “Extremely encouraging that most businesses recognise value of healthy benefits package for staff” The majority of employers remain convinced of the importance of offering a full benefits package, despite the difficult...
Steve Herbert, head of benefits strategy, JelfYes. We should be lobbying much harder. The problem is that the group pensions community is not doing much about this at all. All the pressure...
Insured benefits will be exempted from default retirement age legislation, removing the risk that employers would ditch benefits that exposed them to open-ended liabilities, the Government has confirmed.Group risk professionals are celebrating...
The Treasury’s consultation on Simple Financial Products represents a landmark for the protection industry. Acknowledging the role more straightforward products could play in fostering financial wellbeing, the consultation calls on the finance...
The government’s devolution of control over health is a potential recipe for disaster in attempting to solve the rising health crisis. It suggests greater responsibilities for employers in the provision of public...
I am naturally wary of calling the FSA’s guidance consultation document - Assessing Suitability - one of the most significant regulatory statements of the year just yet, but it must be amongst...
The ABI has just announced various process improvements to the open market option, but the fact is these incremental improvements to the OMO are focusing on the wrong problem.The the real issue...
