Creating a safety net for workers: a radical proposal for a stable outcome?

CII Introduction: Our previous thinkpiece by Mick McAteer described how the transfer of risk from the state to the individual is failing. Protection is one area where this problem persists: state income support is rolling back and private protection insurance is simply not alleviating the gap, either through lack of buyer understanding, or lack of market confidence from mis-selling and competition inquiries. Social Market Foundation director Ann Rossiter has undertaken a detailed project sponsored by major insurer Genworth Financial and proposes a possible solution involving a joint Government-industry safety net.[...]