Group Risk Development (Grid) has released the first ever full set of collated claims figures from the group risk industry.
Employers are embracing the removal of the default retirement age (DRA) but the majority are unaware of the opt-out for group risk benefits.
The imminent introduction of auto-enrolment looks set to trigger increased investment in employee benefits, according to research from Group Risk Development (Grid).
Businesses and government need to issue a "clear and consistent message from the top that work is good for you", the co-author of the Sickness Absence Review has said.
Stress and mental health have taken a back seat as UK bosses worry most about employee's work/life balance Group Risk Development (GRiD) has said.
A new breed of rehabilitation only group risk products is likely to be born if the results of the Sickness Absence Review are followed through, Legal & General has said.
Almost £300m was paid out in group income protection (GIP) claims last year according to figures collated by Grid.
Stress is a bigger absence problem for businesses than acute medical conditions such as cancer, Group Risk Development (Grid) has found.
With many legislative changes in the works, the group risk market is hesitant at present. Owain Thomas examines the bigger picture of what is to come for group income protection.
PruProtect has called critics of its desire for protection to be made compulsory as being "defeatist" and argued that the need is "very clear".