Group Risk Features
Gilt yields, an ageing population, interaction with state benefits and political intervention all present long-term challenges to the group risk sector. But, discovers Edmund Tirbutt, there are reasons to be cheerful
Group critical illness cover is on the increase, but improvements around P11D and pre-existing condition disclosure hold the key to greater coverage, finds Edmund Tirbutt
Multinational pooling for group risk products has been around for over half a century. So why, asks Edmund Tirbutt, is interest in the concept rising now?
Advisers are always calling for greater innovation from providers. Edmund Tirbutt looks at how things are working beyond the mainstream
Will auto-enrolment actually bring the much talked-of upswing in group risk business? It depends on advice and on technology, says Edmund Tirbutt
Group Risk News
Unum is buying workplace dental insurance National Dental Plan (NDP) from Capita for £31.7m.
SME auto-enrolment master trust Trust Pensions is offering members an Isa service and employers a group life proposition.
Prime Minister David Cameron and Secretary of State for Work and Pensions Iain Duncan Smith have both come out in support of increasing personal responsibility for sickness income through financial products.
Group Risk Opinion
Tens of thousands of white-collar small firms are set to reach their staging date – many of which should want group risk products, says Canada Life Group Insurance marketing director Paul Avis
An NI nudge towards a simplified GIP product is a better bet than auto-enrolment for IP says Munich Re head of business development, UK & Ireland Life Lee Lovett
This year’s group risk business figures look positive but they mask a worrying decline in active group income protection schemes. It’s time for fresh thinking, says Swiss Re technical manager Ron Wheatcroft
The Money Advice Service should be given a statutory objective of delivering a clear workplace financial education strategy, according to Unum head of public policy John Letizia
Helping workers cope when cancer strikes is a great way for employers to show their staff how much they care about them, says Friends Life head of group protection proposition Anna Spender
The ABI’s call for income protection to take a greater role in welfare reform is timely says Teresa Hunter
By showcasing the valuable benefits income protection can bring the Seven Families campaign should be a real boost to group risk advisers says Master Adviser corporate & protection specialist Roy McLoughlin
Planning for AE to workplace sick pay schemes has to start now says Ellipse chief executive John Ritchie
What will the future office look like, asks Peter O’Donnell, Chief Executive Officer, Unum
Is auto-enrolment into workplace sick pay schemes the next welfare policy target? Ellipse chief executive John Ritchie thinks it should be
Group Risk Special Report
Increasingly mobile employees plus tight finances equals a need to get more for less from international benefits packages. Achieving that demands better data and smarter thinking, says Nicola Sullivan