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Spring Statement: PIP review could bring billions in savings but hit 800k recipients
As the government sets out to decrease welfare payments, it is to undertake a fundamental review of the Personal Independence Payment (PIP) assessment, involving policy experts, stakeholders and disabled people. The...
Read moreSpring Statement confirms £1bn to tackle workforce inactivity
The Labour Government's has confirmed £1bn of employment support measures aimed at helping disabled and long-term sick people back into work. The details were included in the Spring Statement documents. Last week,...
Read moreSpring Statement: Most households to be better off but tax rise risk remains
The average household will be around £500 better off in real terms by 2028-29 with those on lower incomes seeing the greatest uplift, according to analysis by HM Treasury (HMT) published as...
Read moreUniversal Credit health element halved as standard allowance rises – Reeves
The Universal Credit (UC) standard allowance is set to increase by 2029, but the health element of that is set to be halved and frozen for new claims, according to chancellor Rachel...
Read more‘Massive revolution’ needed in protection with goal of millions of new policies – Walton
Mortgage Advice Bureau (MAB) protection proposition director Andy Walton has laid down the gauntlet for the industry to sell millions more policies in the next five years, not just hundreds of thousands....
Read moreHow advisers target client communications to maximise IPMI engagement – analysis
International private medical insurance (IPMI) increasingly offers a very wide range of additional benefits which can help drive demand, increase usage and potentially reduce large treatment costs. But maximising their value depends...
Read moreOne in 10 divorcees have forgotten to remove ex as beneficiary – Legal & General
One in 10 divorcees have forgotten to remove their former spouse as the beneficiary of their life insurance policy. Research conducted among 2,945 UK divorcees found 10% had forgotten to remove their...
Read moreRegulation and innovation: How FCA market study could impact creativity – Mehta
Following a superb Protection Forum I walked away questioning the fragile balance that exists between regulation and innovation and the potential impact of the Financial Conduct Authority’s market study. There are of...
Read moreBarnett Waddingham brand to disappear within two years following Howden acquisition
The Barnett Waddingham brand name will disappear within two years following its acquisition by Howden. This morning global insurance and employee benefits intermediary group Howden announced it has agreed to acquire UK...
Read moreAviva pays out £1.89bn to protection customers in 2024
Aviva paid out more than £1.89bn across nearly 62,000 individual and group protection claims in 2024. Aviva said a total of 61,975 claims were paid across the group’s individual and group...
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