Bupa has amended its group income protection product, preparing for future welfare reform changes and making it easier for employers to communicate benefits to their employees.
Individuals can now receive a maximum benefit of 75pc of their income, regardless of any state incapacity benefit entitlement. The firm said the industry norm was for maximum GIP payouts to be reduced...
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.