View more on these topics

Guardian Employee Benefits Employee Protection Menu

Guardian Employee Benefits has introduced the Employee Protection Menu, a web based employee benefits product which it claims will revolutionize the employee benefits market for IFAs targeting small-to medium-sized firms.


Employee Protection Menu features five different menus which offer employees and their spouses or partners a combination of life assurance, income protection and critical illness cover for them. Each menu can be chosen to suit the budget, workforce and human resource strategies of each company.


In the past, flexible benefits products have been aimed at larger companies with more than 500 employees, due to the cost compared to payroll and the time required in administration. By targeting firms with between 50 and 500 employees and allowing schemes access via the Internet, Guardian believes its product will overcome these problems.


However it remains to be seen whether it is more cost effective for IFAs to obtain cover on behalf of their clients for each element from separate product providers.


.

Recommended

Scottish investment drive

Scotland is looking to attract more investment companies to set-up shop North of the border.Scottish Financial Enterprises is launching a marketing campaign to accelerate investment administration growth in Scotland.SFE want the large US and European investment houses to join Deutsche Bank, Barclays Stockbrokers and Bank of New York who already have a Scottish contingent.SFE chief […]

CML securitisation survey

A Council of Mortgage Lenders survey reveals a growth in securitisation deals could boost mortgage business and bring deals to consumers.The Morgan Stanley Dean Witter report, commissioned by the CML, shows conditions are ripe for the issuing of more mortgage-backed securities.Securitisation involves mortgage assets being “sold” in bulk to investors rather than remaining on the […]

Financial services poised for jobs boom

The financial services industry is gearing itself for a recruitment boom, according to the Confederation of British Industry.The CBI and PricewaterhouseCoopers survey of 146 companies shows 45 per cent are expecting to take on more staff with 9 per cent looking to reduce their staff.Banking, insurance venture capital and securities sectors is expecting a net […]

Bumper year for pension funds

UK pension funds recorded a bumper 1999 with iinvestments on average growing 20.6 per cent. This compares 14 per cent in 1998.Average returns for the decade of the 1990s was 12.5 per cent a year.WM Company executive director Peter Warrington says: “This was an incredible year, with an end-result beyond most people&#39s expectations.”

How can I help develop my professional connections?

Graeme Ballantyne, business consultancy manager, looks at how you can maximise the opportunities through your professional connections As we move through the summer months it’s perhaps a good time to pause and reflect on whether the plans you’ve made for your business are bearing fruit. One area we at PruConsulting know many advisers have been […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment