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What to consider when accessing pensions early due to ill-health

WEBIll-health access. Members may be able to access pensions at any age if they meet the ill-health condition. The minimum requirement for this is that the scheme …

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URL: https://www.ftadviser.com/pensions/2022/05/09/what-to-consider-when-accessing-pensions-early-due-to-ill-health/

What advisers need to know about ill-health early retirement …

WEBTrott says the most important consideration for any adviser looking at the issue of ill-health early retirement is the scheme rules, more than the HMRC guidance, …

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How clients can take pension benefits early due to ill health

WEBEarly retirement through ill-health. An individual can take their pension benefits before the age of 55 if, due to ill health, they are unable to carry out their …

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In sickness and in wealth: why more advisers are talking about

WEB100 per cent of Britons will die; 9.1mn people (adults and children) are expected to get a critical illness (13.6 per cent of the total population), according to the …

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AXA Health introduces customisable insurance plan

WEBAxa Health has introduced a customisable health insurance plan for individuals and families, allowing them to choose the cover for their specific needs. …

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How protection can offer a mental health safety net

WEBBut in a cost of living crisis when anxiety and stress are rife, a protection policy can also offer a mental health safety net too. More than half of UK adults (28.4mn …

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Investing in the next generation of healthcare opportunities

WEBBy David Thorpe. Healthcare is starting to catch up with the rest of the world, says Henk Grootveld, head of trends investing at Lombard Odier. He says that while …

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The Exeter’s HealthWise app sees 131% increase in usage

WEBThe member benefits app, HealthWise, has seen a 131 per cent increase in usage in 2023. UK protection and health insurer, The Exeter, said this surge in …

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Wellbeing programmes must take into account employee challenges

WEBEmployers need to respond to employee challenges through their wellbeing programmes in 2024, according to Iain Laws, EO of Towergate Health & …

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'We must bang the drum for income protection and mental health'

WEBThe overall number of people reporting mental health problems has been rising as well, with a 20 per cent increase between 1993 and 2014 of common mental …

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Why Baillie Gifford has put 15% of its assets in healthcare

WEBThe Edinburgh-based fund house now has 15 per cent of its roughly £300bn assets under management in healthcare stocks. Rose Nguyen, who runs the Baillie …

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Mental health support via apps vital for UK policyholders

WEBMembers of workplace protection schemes are using online mental health support services attached to their insurance policy more than ever, data has suggested. …

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What do medical conditions mean in insurance applications

WEBApprox. 30min. By Justin Harper. Advancements in medical screening and changes in lifestyle mean that an increasing number of us are living with diagnosed …

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What does the FCA's work on vulnerability mean for mental health

WEBThe FCA expects to see people with mental health issues treated fairly and consistently across financial services sectors. -- Andrew Wilkinson. He says: "The FCA’s …

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Financial strain causing adults to suffer with mental and physical …

WEBThe St James’s Place Financial Health report found the younger generation suffered the most, with 66 per cent of 18 to 34-year-olds feeling their mental and …

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Supreme Court rules ill-health pension transfer not liable for IHT

WEBBy Amy Austin. The Supreme Court has ruled a pension transfer made in ill health was not liable for inheritance tax in a landmark case coming to a close after six …

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‘Regulation is impacting advisers’ mental health’

WEBBy Alina Khan. Regulation, such as the consumer duty, is taking a toll on advisers' mental health and wellbeing, according to Morven Grierson, compliance …

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Lee Robertson: ‘Mental health struggles are more widespread in …

WEBLee Robertson, chief executive and founder of Octo Members Group, has said that mental health issues are "more widespread in the industry" than it may …

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What can I do if an employee goes Awol due to ‘ill health’

WEBFirst, you should hold a meeting with the employee to discuss his absence, giving him the chance to explain his reasons. While he has not produced any evidence …

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AXA Health marks one year anniversary of neurodiversity service

WEBBy Tom Dunstan. AXA Health is celebrating the one year anniversary of its neurodiversity assessment and support service. The service, which is available as part …

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Signposting vulnerable clients to specialists

WEBOne factor that may require an adviser to signpost a client to a specialist is age – some providers will only offer a product up to a certain age limit. But older …

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How individual and group protection policies differ

WEBThe most obvious difference is the customer and their different motivations for purchase. In the case of group protection, the employer is the customer. They are …

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