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

Hitting milestones later in life could impact when people seek advice

Hitting milestones later in life could impact when people seek advice

People will likely be seeking financial advice later

Laura Suter
clock 19 April 2024 • 3 min read
Regulatory pressures taking a toll on industry stress levels

Regulatory pressures taking a toll on industry stress levels

'Regulatory pressures are the first thing on my mind’

Sahar Nazir
clock 19 April 2024 • 1 min read
Advisers blast FCA funding requirement of £755m 'inexorable'

Advisers blast FCA funding requirement of £755m 'inexorable'

‘I don’t really know what value I’m getting from the FCA – if any’

Hope Coumbe
clock 19 April 2024 • 2 min read