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Pfizer UK Boss: ‘I would not want to be a cancer patient in England’

In Industry News, Insurance by PCH Staff

The UK boss of one of the world’s biggest pharmaceutical companies has said that he would “not want to be a cancer patient in England”. Erik Nordkamp’s remarks to the Telegraph came just ahead of the closing of a 12-week consultation on how patients get access to breakthrough medication via the cancer drugs fund. Mr Nordkamp, managing director of Pfizer …

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Group Income Protection Sales Surged in 2015, says Unum

In Business, Industry News, Protection by PCH Staff

In 2015, the number of companies who bought group income protection insurance for their employees was more than 300, which is an increase of 20 per cent over the previous year, according to new research from Unum. Unum says that the group income protection market is continuing to grow, with 300,000 more employees covered by the end of 2014 than …

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Pensions Regulator: 500,000 UK Businesses Risk Fines as Auto-Enrolment Gathers Pace

In Business, Industry News by PCH Staff

Half a million small and micro businesses in the UK risk a fine if they do not meet their new workplace pension obligations, according to a warning from The Pensions Regulator. The regulator says that despite smaller businesses receiving letters advising them to start preparing for automatic enrolment, many will still leave it too late and face increasing levels of …

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Macmillan: Cancer Patients Face Homelessness Over Allowance Cuts

In Family, Industry News, Protection by PCH Staff

A leading UK cancer charity has warned that cancer patients could be at risk of becoming homeless if proposed government cuts to Employment and Support Allowance (ESA) go ahead. According to research commissioned by Macmillan Cancer Support and conducted by Truth Consulting, 10% of people living with cancer in the UK would be unable, or would struggle, to pay their …

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It’s Not Nice, but People Need to Talk About Death (and Life Cover)

In Family, Individual, Industry News, Insurance by PCH Staff

It’s perhaps one of the biggest taboo subjects there is, but that doesn’t mean we shouldn’t talk about death. After all, we’re all going to die someday, so much better to have some plans in place when we do than leaving our families woefully unprepared for the financial impact it will inevitably have. Nevertheless, a recently published study has found …

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Britons Oblivious to Link Between Being Overweight and Increased Cancer Risk

In Family, Industry News by PCH Staff

A new poll has worryingly revealed that four in 10 adults in the UK are not aware of the link between obesity and cancer. This revelation is particularly troubling given the startling fact that 62% of the UK adult population are classed as overweight or obese and are, therefore, at an increased risk of developing 10 different types of cancer, …

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Over a Third of UK Adults Aren’t Leading Healthy Lifestyles

In Family, Individual, Industry News by PCH Staff

January is here and for many people that means it’s time for some New Year’s resolutions. The annual gorge over the festive period sees many of us with slightly bigger waistlines than we had back in November. That’s why many of us will decide that it’s time to start eating more healthily and hit the gym more often. However, best …

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Employee Assistance Programmes: a Smart Step in Reducing Employer Absenteeism Costs

In Business, Industry News by PCH Staff

Over half of employees (57%) in the UK have suffered from mental health problems at some time or another, with stress and depression cited as the two most common issues, accounting for 43% and 26% respectively, according to research earlier this year from Canada Life Insurance Group. Furthermore, in the first quarter of 2015 alone, over half (51%) of those …

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Protection Needs Change as We All Live Longer

In Industry News, Protection by PCH Staff

The whole of life (WOL) insurance market, according to Cigna Insurance Services, is estimated to be worth around £108m a year, with the total market value more or less split equally between the two historic types of WOL policy: over-50s guaranteed acceptance plans and fully underwritten products. But even though they share a marketplace, these products are vastly different; so …

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Britons Chronically Unprepared for Long-Term Sickness Absence from Work

In Family, Industry News, Protection by PCH Staff

Almost as many UK employees believe that they are as likely to win the lottery as they are to be struck off work because of sickness for 12 weeks or more. That’s the startling key message to come out of a recent survey for income protection provider Cirencester Friendly. With revelations like this, is it any wonder that a worryingly …