L&G issues group risk update

The update gives an overview of the regulations, which are due to take effect from 1 October 2006, and highlights the need for employers to seek legal advice before making any changes to their current group risk scheme arrangements. It also provides a summary of how potential direct and indirect discrimination will have a significant effect on the benefits employers may offer their employees and outlines the exemptions and objective justification which may apply. The exemptions which may impact on the benefits an employer provides for their employees are: Retirement age – If a default ...