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PG Mutual first quarter figures highlight importance of Income Protection

Posted by / April 26, 2013

Income protection insurance is frequently in the news these days, often against a background of reduced state or employer benefits when UK workers are ill or have an accident. More of us understand that there is very little in the shape of a state-funded safety net, and that the government now expects individuals to take responsibility for their own financial wellbeing. This raised public awareness is shown by PG Mutual’s figures for the first quarter of 2012, with the number […]

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We’re changing! Pharmaceutical & General Provident Society becomes PG Mutual

Posted by / March 1, 2013

Pharmaceutical & General, the specialist income protection insurer for pharmacy and other healthcare professionals, has announced that it is changing its name to PG Mutual from 1 March. Mike Perry, Chief Executive of PG Mutual, said, “Pharmaceutical & General is a Friendly Society established in 1928 for the benefit of its members. At a time when the word ‘trust’ is not always associated with financial institutions, we feel it is right to promote that our mutuality makes us different – […]

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Growing Recognition That Individuals are Taking Responsibility for Their Financial Health

Posted by / January 30, 2013

Figures from PG Mutual indicate that an increasing number of professionals are aware that they may receive no ongoing financial support from their employer, and the bare minimum from the state in the event of long-term sick leave. The Friendly Society has reported an increase of 62% in new members year on year in 2012 as well as record numbers of enquiries. PG Mutual ‘s Chief Executive, Mike Perry, explains “We are seeing rising demand for income protection cover as […]

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New fast and Improved Online Service

Posted by / January 14, 2013

We’ve launched our new fast, improved online service to help eliminate the need for complicated insurance price comparisons for busy UK workers. As many people find their money more stretched than ever with the aftermath of Christmas and the current economic climate, the number of people choosing to take out insurance to protect their income in the event of unexpected illness or injury is ever-increasing.* However, for those who are looking into income protection insurance for the first time, it […]

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A New Protection Specialist Joins PG Mutual

Posted by / July 30, 2012

A new protection specialist joins PG Mutual – helping protect the incomes of Healthcare Professionals. With a recent survey showing that 74%* of us say that our employer sickness benefits have got worse over the past 12 months, many are now facing a ‘triple whammy’; falling disposable incomes combined with reduced state and employer benefits.  To enable more people to get expert help when selecting income protection cover, PG Mutual has announced the recruitment of an additional protection specialist. Mo […]

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Your Society Highlights the Advantages of Mutuality

Posted by / July 17, 2012

The Financial Services sector seems to be mired in scandal these days, from the miss-selling of PPI to excessive ‘fat cat’ bonuses for City bosses. At a time when the public is questioning who they can trust to look after their financial interests, PG Mutual has seen many people taking an alternative approach when selecting their financial services provider. The benefits of owning a share in your insurer or bank are becoming much better recognised, highlighted by the surge in […]

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PG Mutual launches Essential Cover for Healthcare Technicians

Posted by / April 25, 2012

Many employees receive little or no support from an employer above state sickness pay when off work sick. It can mean a huge drop in income unless the employer is willing to maintain their salary; but this carries the risk of a sick employee becoming a long-term burden which the business cannot afford. The employer may also face claims of unfair discrimination if they choose to support one member of staff when off ill, but not another. To address this, […]

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PG Mutual members to benefit from new partnership with Skipton Financial Services

Posted by / April 5, 2012

PG Mutual has announced a partnership with Medical Insurance Agency (MIA), a trading division of Skipton Financial Services (SFS), to offer its members access to whole of market financial advice through PG Mutual Financial Services. SFS is a wholly-owned subsidiary of Skipton Building Society and is a whole of market financial adviser, which means it is not tied to any provider and can recommend products from across the market place. Its particular specialisms include advising on investments, pensions and inheritance […]

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PG Mutual asks “Do you have a Plan B?”

Posted by / April 3, 2012

For most people, Plan A is being able to maintain their lifestyle, have enough money to do the things they enjoy and to save for the future. For the majority, this is funded through earning a salary; however, surveys suggest that 9 out of 10 UK workers do not have any income protection cover in place* to provide them with an alternative income if they could not work due to illness or injury. With state sickness benefit only worth around […]

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PG Mutual appoints Stephen Schofield as a Sales Manager

Posted by / January 19, 2012

Stephen will take responsibility for the North of England, Scotland, Wales and Northern Ireland. He will be working alongside Joe Joyce, who is focussing on looking after PG Mutual’s members and supporting key partners across the Midlands, Central and Southern England. PG Mutual’s Chief Executive Mike Perry said today: “We’re very pleased that Stephen has chosen to join us at this exciting stage in the Society’s growth. PG Mutual has posted record new membership figures over the past two years […]

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