The GRiD Training Academy has announced the launch of a new course, entitled ‘Group Life Assurance – Taxation and Trusts’, as part of its commitment to sharing “knowledge and best practice”.
The more advanced course builds on its introductory course, which was first launched in 2018 and designed to acquaint attendees with the “fundamentals of group risk for those newer to the industry”, or those who had limited support within their own companies.
The latest and more advanced course, delivered by leading insurance industry figures, gives deeper insight into 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 and 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.”
She added: “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 session 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.