Press release 1 February 2021.
Continuing its commitment to sharing knowledge and best practice, the GRID Training Academy has today announced a new course Group Life Assurance – Taxation and Trusts. This more advanced course builds on the Academy’s introductory course (launched in 2018) which was designed to acquaint delegates with the fundamentals of group risk for those newer to the industry or who had limited support within their own companies.
However, the new more advanced course, delivered by leading industry figures, gives deeper insight in to:
- the group life landscape;
- comparing the two principal types of group life arrangements, including taxation; and
- examining the anatomy of a trust, including issues in practice and fixes.
Attendees are expected to already have a good understanding of the group risk market by having undertaken the introductory level sessions or having the equivalent level of knowledge through seniority and experience.
Developed by the GRiD Regulations Committee, the sessions will be delivered by Alex Rush, Legal Director, BDB Pitmans LLP; Clare Lusted, Head of Propositions, MetLife UK; and Simon Candy, Propositions & Technical Manager, Aviva.
Katharine Moxham, spokesperson for GRiD said: “As anyone who works in group risk will already know, it’s a tremendously agile industry. It’s vital to keep abreast of product developments as well as broader legislative changes and market forces, which is why we decided to work with these highly regarded industry practitioners to put together this more advanced course.
“The initial course was much more about what group risk is and why it’s beneficial to employers and employees, but this new course gets serious about the nitty gritty of taxation and trusts. Any group risk practitioner seeking to build up their technical knowledge will want to book their place.”
The training, which is available to employees of GRiD members, will be delivered online in a two-hour interactive tutorial session on 25 February with a follow up one hour Q&A on 10 March. There is no charge for the training, or limits on the number of delegates from a single firm, subject to the maximum delegate allowance for the session of 1,000 people.
To find out more, please contact GRiD: https://grouprisk.org.uk/contact
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For further information please contact:
SMUK Marketing and PR
Mob: 07747 611773
Land: 01252 843350
Spokesperson for GRiD
Mob: 07887 512508
Notes for editors
Group Risk Development (GRiD) is the industry body for the group risk sector, promoting the value to UK businesses of providing financial protection for their staff, enhancing their wellbeing and improving employee engagement. Our membership includes insurers, reinsurers, intermediaries and those operating in (or with other interests in) the UK group risk market. Together this forms a collective wealth of experience built over many years. Under the chairmanship of Paul White (head of technical, Howden Employee Benefits & Wellbeing ) GRiD aims to promote group risk through a collective voice to Government, policymakers, stakeholders and employers.
GRiD works with government departments and regulators involved in legislation and regulation affecting group risk benefits, and with other organisations involved in the benefits and financial protection arenas. GRiD also seeks to enhance the industry's standing by encouraging best practice and by participating in industry-wide initiatives such as the professional qualification in group risk managed jointly with the Chartered Insurance Institute.
GRiD’s media activity aims to generate a wider awareness and understanding of group risk products and their benefits for employers and employees.
GRiD's dedicated spokesperson, Katharine Moxham, provides expert media comment on a full range of group risk issues.
Follow Katharine Moxham on Twitter @KMoxham