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Pay Direct deal from Unum

UnumProvident has launched an income protection scheme called Pay Direct that allows claimants to continue receiving IP benefits without requiring the employee to remain on the company’s payroll as with traditional schemes. Unum says if a return to work is not possible the former employee should not be denied IP cover.


Give us a two-year break from changes

I have worked as a product delivery consultant in the financial services industry for the last five years. As a contractor, I have worked for most of the major product providers. It has been my job to deliver new products or developments to existing products for companies which will improve customer service and/or help meet […]

Winterthur Life calls on Government to drop its opposition to ASP

Winterthur Life has called on the Government to drop its opposition to alternatively secured pensions. Pensions strategy manager Mike Morrison says clients who wish to beneftit from ASP show little opposition to the idea of inheritance tax on ASP funds as an acceptable price to pay for the extra flexibility.But if the Government, as has […]

Insurance solution for homebuy

Mortgage insurance provider Genworth claims it has the answer to the woes of the Government’s open market homebuy scheme. It is in talks with the Department for Communities and Local Government about funding the Government’s share of the scheme with insurance rather than with taxpayers’ money. Genworth believes it could insure the risk of homeowners […]


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