UK

The group risk industry paid a record £1.76bn amount in claims during 2019. New data published by Group Risk Development (Grid) showed that the total claims paid in 2019 rose by £75m...

The total deaths from Covid-19 are likely to be around 60,000, double the official number according to longevity experts Club Vita. This actuarial and insurance organisation says that delays and omissions in...

AIG Life is offering a new next day private prescription service to all its protection insurance policyholders. This is an extension to the insurer’s Smart Health proposition, and will see prescriptions delivered...

Only 5 to 10 per cent of sponsoring companies are expected to suspend or reduce deficit contributions into DB pension schemes, according to research from the Society of Pension Professionals. In a...

TPT Retirement Solutions has appointed Helena Dumycz as its new head of employer relationships. Dumycz, a qualified actuary, has 18 years’ experience in the pensions sector and has worked in consulting and...

Before trustees allow employers to delay making contributions into DB schemes, they need to consider how they would ‘switch on’ payment mechanisms again. This warning comes from LCP partner Steven Taylor. He...

Punter Southall Aspire is withdrawing from the master trust market. The firm currently runs the Aspire Savings Trust. Trustee will now begin the process of identifying a new master trust provider to...

Despite widespread disruption caused by Covid-19, employee productivity remains remarkably resilient, according to new research. Willis Towers Watson found two-third of companies of the companies surveyed said the majority of their staff...

Freedom Health Insurance has launched a new virtual GP service for its UK-based clients. This service, called GP24, is provided via Medical Solutions UK and is available to both SME clients, and...

The total deaths from Covid-19 are likely to be around 50,000 to date, almost twice the number being reported according to longevity experts Club Vita. This actuarial and insurance organisation said delays...