Why it's boom time for group risk

GROUP RISK

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Paul Avis, sales and marketing director at Canada Life Group Insurance, takes a closer look at what auto-enrolment means for advisers and the group risk market.

Recent research found that advisers believe auto-enrolment (AE) will have a positive affect on the group risk market. In all, 72% of those surveyed think that, as employers seek financial advice to ensure they are compliant with AE regulations, advisers will be presented with more opportunities to speak with them about their employee benefits. As much as 68% think businesses will need to review their benefit offerings alongside their workplace pension scheme. Group risk So, there is plenty of opportunity and, in theory, we are set for boom times in the group risk market. But this...

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