Official data released by the Office of National Statistics shows 52% of households are receiving more in benefits than they pay in taxes.
Chase Templeton has signalled its intention to maintain an aggressive acquisition momentum by strengthening its Board.
As one of the organisers of the new Seven Families initiative, Roy McLoughlin's mission statement is clear: he wants to raise the profile of income protection. He tells Paul Robertson about IPTF's plans to get the word out.
Official statistics into the health and care of people aged 65 or over in England have found they over account for one in six of the population but one in two hospital bed days (54%).
While 41% of employees expect to rely on savings if forced out of work due to illness or injury, with the average household savings at only £20 a month (ONS Family Spending 2013), this is less than realistic, Group Risk Development (GRiD) has warned....
KPMG International has released an industry paper, "How well is the life insurance industry keeping pace with rapidly changing technology?", which found it is at risk of falling behind through not embracing today's technologies.
Group Risk Development (GRiD) has calculated that Legal & General accounted for a fifth (19.2%) of total claims value (£1.244bn) paid out by the group protection industry for group life, income protection and group critical illness in 2013.
Ageas Protect has launched its products on IRESS', The Exchange multi-benefit protection comparison service.
Friends Life has announced new enhancements to its income protection proposition, with the main enhancement an increase in the maximum income percentage a customer can cover.
Control over costs is overwhelmingly the reason global companies use multinational pooling, with 80% citing it as the prime reason the schemes are in place.