Corporate Adviser
  • Content Hubs
  • Magazine
  • Alerts
  • Events
  • Video
    • Master Trust Conference 2024 videos
  • Research & Guides
  • About
  • Contact
  • Home
  • News
  • In Depth
  • Profile
  • Pensions
    • Auto-enrolment
    • DB
    • DC
    • Defaults
    • Investment
    • Master Trusts
    • Sipps & SSAS
    • Taxation
  • Group Risk
    • Group Life
    • Group IP
    • Group CIC
    • Mental Health
    • Rehab
    • Wellbeing
  • Healthcare
    • Musculoskeletal
    • Mental Health
    • IPT
    • Wellbeing
    • Trusts
    • Cash Plans
  • Wellbeing
    • Mental Health
    • Health & Wellbeing
    • Financial resilience
  • ESG
No Result
View All Result
Corporate Adviser
No Result
View All Result

Employers unaware of implications of welfare reform – GRiD

by Corporate Adviser
November 23, 2009
Share on FacebookShare on TwitterShare on LinkedInShare on Pinterest

Group Risk Development, which commissioned the research, says the fact that the Welfare Reform Act has now received Royal Assent should push vocational rehabilitation up the agenda of employers.
Katharine Moxham, spokesperson for GRiD says the Act, which sets out a framework that will see virtually
everyone on benefits set on a pathway back to work, should be seen in a
broader context alongside NICE guidelines on long term sickness absence and
incapacity for work and the reform of the sick note system.
She argues this all suggests far greater responsibility for employers to
provide vocational rehabilitation and support to enable employees to stay in
the workplace.
She adds that with the Government’s first National Strategy for Mental
Health and Employment to set expectations of employers in improving
wellbeing in the workplace and Fit for Work Service pilots to provide
back-to-work support for people off sick from work, the trend looks set to
continue.
The GRiD research was conducted in October 2009 by Lightspeed research among
500 UK companies with up to 1,000 employees.
Moxham says: “The group risk market is already extremely well placed to
support Welfare Reform. Given that vocational rehabilitation is a primary
feature of most Group Income Protection policies, an employer with a GIP
policy is currently able to assess an employee’s level of incapacity and to
commence a return to work programme long before any assessment for State
support is even due to commence.
“Additionally, GIP policies often carry additional free or discounted
support services, such as absence management, employee assistance
programmes, GP help-lines, online health assessments, second opinion
services and occupational health options. An employer with a current
generation GIP policy in place will be well-equipped to function in a post
welfare reform world.

VIDEO

Corporate Adviser Special Report

REQUEST YOUR COPY

Most Popular

  • 5pc of assets in UK PE: 17 providers sign Mansion House Accord

  • Scottish Widows, Fidelity and Hargreaves swerve Mansion House Accord

  • Rapid asset growth sees 9 providers pass £25bn mark: CA Master Trust and GPP Defaults report

  • Aviva and Age UK call for ‘mid-retirement’ MOT to stop people outliving pension savings

  • TPT first provider to confirm CDC plans

  • Aviva appoints Noon as Master Trust chair

Corporate Adviser

© 2017-2024 Definite Article Media Limited. Design by 71 Media Limited.

  • About
  • Advertise
  • Privacy policy
  • T&Cs
  • Contact

Follow Us

X
No Result
View All Result
  • Home
  • News
  • In Depth
  • Profile
  • Pensions
    • Auto-enrolment
    • DB
    • DC
    • Defaults
    • Investment
    • Master Trusts
    • Sipps & SSAS
    • Taxation
  • Group Risk
    • Group Life
    • Group IP
    • Group CIC
    • Mental Health
    • Rehab
    • Wellbeing
  • Healthcare
    • Musculoskeletal
    • Mental Health
    • IPT
    • Wellbeing
    • Trusts
    • Cash Plans
  • Wellbeing
    • Mental Health
    • Health & Wellbeing
    • Financial resilience
  • ESG

No Result
View All Result
  • Home
  • News
  • In Depth
  • Profile
  • Pensions
    • Auto-enrolment
    • DB
    • DC
    • Defaults
    • Investment
    • Master Trusts
    • Sipps & SSAS
    • Taxation
  • Group Risk
    • Group Life
    • Group IP
    • Group CIC
    • Mental Health
    • Rehab
    • Wellbeing
  • Healthcare
    • Musculoskeletal
    • Mental Health
    • IPT
    • Wellbeing
    • Trusts
    • Cash Plans
  • Wellbeing
    • Mental Health
    • Health & Wellbeing
    • Financial resilience
  • ESG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.