Legal & General has produced a second update on the implications for group risk benefits following the introduction of the Age Discrimination Regulations on 1 October 2006.
The update builds on the overview of the regulations outlined in the first guide and highlights the considerations for those employers who provide a flexible benefits scheme to their employees.
It also contains a questions and answers section, which addresses the common questions clients are asking their advisers.
James Walker, group risk technical manager at Legal & General, says there is still some misunderstanding of the new regulations and the guide should help give clarification and highlight the need for possible changes to the group risk benefits offered.
Employers can no longer use age as a reason to provide different, or no benefit, to one employee over another unless one of the exemptions in the regulations may be applied or the employer is able to provide objective justification.
Advisers can get a copy of the update by emailing [email protected] or calling 01737 376 140.
If you have any comments you would like to add to this story or would like to speak to its author about a similar subject, telephone Emily Perryman on 020 7968 4554 or email [email protected].IFAonline
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