Welfare reform

Gen Re has backed a community rated income protection (IP) product to compliment state benefits and called on the industry to add its support to the proposal.

It's a pleasant change to think positively about the direction of the protection market and to identify a significant opportunity for advisers.

COVER's editor, Paul Robertson, is relishing the Government bashing kiddies and grannies.

Legal & General has applauded the "laudable ambitions" of today's 21st Century Welfare consultation paper and believes the protection industry is the perfect partner to assist the Government in welfare reform.

The protection industry is discussing a proposed top-up income protection (IP) product to state benefit which could see a complete shift in how the sector operates.

The Association of Financial Mutuals (AFM) will meet Treasury officials to further explore its offer to play a significant role in assisting the Government's welfare reforms.

Legal & General (L&G) has branded advice too expensive to produce products to support the Government's reduction on welfare spending.

My client, Sarah, is a 43-year-old office administrator and single mother whose daughter, Jane, has severe spina bifida.

With Iain Duncan Smith setting out the Department for Work and Pensions' general path forward yesterday, we now have a fairly good idea of where those sectors involving the protection and health insurance industry are headed.

Advisers are missing out on the opportunities to sell income protection (IP) presented by the new fit note and Welfare Reform Act, research suggests.