DRA all smiles for group risk industry - Swiss Re

The re-insurer believes the result is just reward for a long a patient process and is an excellent example of how the industry can come together over critical issues. However, while the exemption for group benefits provided by employers is almost universally applauded, concerns have been raised about the decision to remove the default retirement age. Ron Wheatcroft, vice president of client markets Europe at Swiss Re, was very close to the discussions between the industry and government which have been ongoing since 2006 when the previous legislation was implemented. "The exception...