Protection industry key to welfare reform success - Grid

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Government and the protection industry must seize this window of opportunity if the welfare reform agenda is to succeed, a Group Risk Development (Grid) roundtable has concluded.

The sector could play a pivotal part in supporting the current welfare reform changes being implemented and the trade body issued a rallying cry urging the market to grasp the opportunity, it added. It comes hot on the heels of Richard Verdin's personal plea to the Actuarial Profession's Health and Care conference to support the promotion of the industry to government and the public. Grid said the roundtable's executive summary revealed the complexity of what the government was trying to do. "The stakes of welfare reform are high, and the window of opportunity is short," it said. ...

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