Half of Generation X and Baby Boomers see health insurance and death in service as major concern compared to a fifth of Generation Z and Millennials
GLA policies typically cost less than half a percent of payroll and extra support benefits provide extra value for money, despite common misconceptions
With a BEIS consultation ongoing, GRiD's Katharine Moxham issues a rallying call for group income protection
'Record-breaking' £5bn in total pay-outs for protection industry last year and £1.6bn paid out for group risk, according to ABI and GRiD
However 61% of employers believe employees are satisfied by benefits packages
Long-term disability income increases following years of decline
Flexible working options supported by most employee benefit consultants, while just under half are for paid short-term leave benefits
Employees working from home less stressed than in cubicles or open plan offices
Potential changes to workplace sick pay entitlement could provide a group income protection opportunity for advisers
Benefits pioneer to retire from full-time employment