Why now is the time to offer group life assurance

GROUP LIFE

clock • 4 min read

In the second in a three-part special on group risk, Paul Avis of Canada Life Group Insurance explains the benefits of offering group life assurance...

Auto-enrolment is arguably one of the biggest legislative challenges that companies will face over the next few years. Under this new scheme it will be a requirement that all employers pay into a pension for their employees - provided their staff do not opt-out. This is sure to increase the administrative and financial burden on businesses but will also create an opportunity for advisers to speak to those companies that have in the past decided not to offer a company pension or any benefits beyond salary (and perhaps bonus). Group protection products are an easily accessible employee ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Digital natives, critical minds: What Gen Z's scepticism means for the future of wealth management

Digital natives, critical minds: What Gen Z's scepticism means for the future of wealth management

'The industry faces a radical shift in generational expectations'

Jim London
clock 14 July 2025 • 3 min read
'Unworkable' IHT/pension reform risks undermining Consumer Duty

'Unworkable' IHT/pension reform risks undermining Consumer Duty

‘They’ve smashed complex pensions and complex IHT together’

Sahar Nazir
clock 14 July 2025 • 4 min read
Sector divided on Reeves' pullback on Cash ISA reform

Sector divided on Reeves' pullback on Cash ISA reform

‘A big win for defenders of a broken system’

Sorin Dojan
clock 11 July 2025 • 2 min read