The group risk industry should be smiling broadly not merely breathing a sigh of relief following the confirmation of an exception from retirement age legislation, said Swiss Re.
Employers are increasingly concerned about the potential impact of the government's review of sickness benefits, according to new research.
Trade body Group Risk Development (Grid) is to submit a last minute submission to the Government in an attempt to get insurers and employers an exemption from retirement age legislation pertaining to protection products.
Protection is unlikely to join the national employment savings trust (NEST) project following a meeting between Government representatives and counterparts from the group risk industry.
Canada Life and the Income Protection Task Force (IPTF) are launching a series of free seminars for advisers aimed at growing the group income protection (GIP) market.
Family and home issues are the top cause for workplace absence for 18% of employers according to research by Group Risk Development (GRID).