Group Risk
FCA targets improved complaints reporting to tackle problem firms and FSCS levy
The Financial Conduct Authority (FCA) has set a goal of spotting problem firms faster to help tackle the high Financial Services Compensation Scheme (FSCS) levy. It is developing proposals to improve complaints...
Read moreVirtual GP demand driven by out of hours requests and children – Unum
Unum UK witnessed increased demand for its remote GPs service during the winter as NHS services continued to be stretched, particularly out-of-hours. As of February 2023, the provider said more than a...
Read moreAIG Life’s Helmont retires
AIG Life marketing director Sue Helmont has retired after almost four decades in the industry. Earlier in her career, Helmont was a corporate communications manager at Aviva in 2005 where she worked...
Read moreLifeSearch partners with WorkLife employee benefits platform
LifeSearch’s employee benefits (EB) arm has agreed a partnership with WorkLife by OpenMoney platform. The intermediary will offer corporate clients access to benefits supporting a wide range of their employees’ financial, mental...
Read moreFOS trials proactive settlement of complaints
The Financial Ombudsman Service (FOS) is introducing the proactively settled category to the way it processes cases to encourage firms to solve complaints more quickly. The regulator confirmed the move will be...
Read moreMusic, meditation, martial arts and painting orks – advisers’ reveal their top stress busting techniques
To mark National Stress Awareness Month which kicks off tomorrow, Health & Protection spoke to an array of advisers and found music, meditation, martial arts and painting - of canvasses and orks...
Read moreFOS freezes case fees and compulsory levy as it eyes funding overhaul in 2024/25
The Financial Ombudsman Service (FOS) expects to freeze individual case fees and its compulsory jurisdiction levy in the coming financial year. The regulator also intends to cut its voluntary jurisdiction levy for...
Read moreGrid calls on chancellor to reverse ‘unjust’ and ‘flawed’ double taxation of GIP
Group Risk Development (Grid) has written to chancellor Jeremy Hunt expressing concerns about HM Revenue & Customs "flawed" interpretation of taxation on group income protection (GIP), within the context of an optional...
Read moreEmployers struggle communicating health and wellbeing benefits – Towergate
Seven in 10 large companies say they find it difficult to ensure communication of health and wellbeing support is always relevant to employees, according to research from Towergate Health & Protection. The...
Read moreAdvisers cite SME cost pressures as top concern but health demand soars
Cost pressures on SMEs and the economic environment are driving business worries for workplace protection advisers, but the growing interest of health and wellbeing is countering these concerns. More than half (55%)...
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