Swiss Re inputs to OTS consultation and calls for tax exemptions for employers taking out group life assurance (GLA) - should be "extended to include relevant life"
On Friday, we reported that Group Risk Development (GRiD) is calling for Office of Tax Simplification to reduce costs for employers taking out group life assurance (GLA). Ron Wheatcroft, technical manager for Swiss Re - who helped contribute to GRiD's response - welcomed the OTS consultation, supports the call for GLA tax exemptions but also put forward that it should be extended to include relevant life policies too. "When a loved one dies, the family often needs money quickly to support them,"...
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Commercial insurance platform providers are showing interest in the life space in a bid to help improve the accessibility and cost of cover for the self-employed, writes Suzanne Clarkson