The industry knows group risk benefits are valuable, but does anyone else? The sector needs an image boost to thrive, says Peter Fenner.
The value of group risk benefits to individuals, companies and society is no secret to those of us within the sector, but outside it sometimes seems that it might as well be. While the profile of pensions has benefited from the eternal public debate about what can or should be provided, to the extent that some groups are even ready to resort to industrial action to protect their pension rights, death and disability benefits go largely unnoticed. But this is crazy. Not just because the actual benefit to those people in receipt of claim benefits is vast, but also because if group risk i...
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