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...
CV RACHEL REEVESCareer- Labour MP for Leeds West since May 2010 election- Labour shadow minister of state for the Department for Work and Pensions- Economist at the Bank of England and at...
No analogy is perfect, but we know the process will take four years from 2012 and 2016, and when it gets to firms with less than 50 employees, the times are staged...
The big danger is that while it may be easier to compare the likely returns on different funds with the same provider, it could become more difficult to compare the prospective returns...
Phasing out the default retirement age and allowing employees to remain in the workforce beyond age 65 has implications for many employee benefits.But while group risk benefits such as income protection would...
