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Standard backing up PMI with online health service

Standard Life Healthcare is setting up an online health and well-being service as part of its PMI plans.

The move is in response to a survey of the company&#39s customers which revealed a demand for access to information on healthcare options.

The service, which was initially tested with Standard Life staff, is accessed via the internet and offers personalised health assessments, email alerts on topical health issues and tips on nutrition, fitness, sleep patterns and stress levels. Bigger companies can also access an anonymous report showing health trends among their employees. The programme is offered with vielife, a health management company.

The research found that 71 per cent of respondents wanted access to regular tips and assessments to help them lead a healthier lifestyle and 89 per cent said they would prefer to work for an employer supporting their well-being.

SLHC head of communications Julian Ross says the service should have a positive effect on reducing absence through absence and improve employees&#39 health. He says staff now have much higher expectations when it comes to benefit packages and points out there is a threat for employers of being sued for not looking after staff.

Standard Life Healthcare chief executive Mike Hall says: “Although PMI is at the heart of everything we do, we are also about well-being, not just illness, and this service demonstrates our long-term commitment to keeping people fit. We feel sure this benefit will add tremendous value to the PMI proposition intermediaries are putting before their clients.”


M&G to close funds in reshuffle

M&G is closing three sector funds, merging two more into funds with wider remits and renaming and repositioning another in response to a downturn in demand for sector-specific offerings. The £13.7m global financials, £2.3m global healthcare and £13.6m global media & communications funds are closing, with the offer of a free switch into another M&G […]


At last we have the details of the charge cap and simplified sales process for Sandler products. Now the hard work begins. The proposed process requires careful consideration by potential Sandler distributors. As it is an advice process, the distributor will be liable for the advice given and the process therefore has to carry the […]

Skandia takes up basket weaving

Skandia&#39s protected portfolio investment range provides capital growth linked to a portfolio of five externally managed funds, with varying degrees of capital protection and return. The underlying portfolio of the protected portfolio investment contains the Framlington equity income, Schroder UK mid-250, New Star alpha, Norwich property trust and Invesco Perpetual corporate bond funds, which are […]

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•”I feel like I am walking into the lion&#39s den wearing a meat suit.” – Portfolio Insurance Consultancy principal Brian Lentz before an appointment with the FSA. •”The point of D-Day was nobody was meant to know about it because it was meant to be a surprise. With A-Day, everyone should know about it but […]

The Day of (B)reckoning

A period of exceptional uncertainty started last Friday for the UK, including a fierce leadership battle in a deeply divided Conservative party, the timing of the trigger of the EU’s Article 50, as well as a potential referendum in Scotland, and Northern Ireland. Click here to read the full article


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