MPs on the Health Select Committee (HSC) have urged the government to stimulate the long term care (LTC) insurance market.
In its report on social care, the committee said the government must clarify which section of the population would be suitable for LTC insurance products before it begins reforming LTC state support. The HSC recommended the government implements Andrew Dilnot's principles for the reform of long term care (LTC) funding. In July 2011, the Dilnot Commission recommended that the government sets a cap of between £30,000 and £50,000 on the LTC fees any individual must pay and a cap of between £7,000...
'Algorithms can only go so far'
Vitality, the life and health insurer, has today announced plans to launch a suite of investment products towards the end of 2017.
LV= discusses how it would like to see financial resilience top of the agenda for the new Single Financial Guidance Body (SFGB).
When the government announced the proposed changes for salary sacrifice in the Autumn Statement last year, it felt like the end of workplace benefits, writes Jeff Fox.