The group risk industry has published its paid claim rates for the first time - revealing it paid 99.6% of life insurance claims, 82% of income protection and 81% of critical illness.
Industry data compiled by Group Risk Development (Grid) revealed a total of £1.24bn was paid out during 2013 to a total of 24,102 UK families. During 2013 there were 8,803 group life claims totalling...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.