The cost of dealing with the country's ageing population will increase government spending by about 4% of GDP - or £61bn in today's terms - by the 2060s, according to government projections.
Pension provider Mattioli Woods has launched a private medical insurance (PMI) service, Your Choice.
PruHealth and PruProtect have announced a new joint venture between their parent company, Discovery Limited (Discovery) and AIA Group Limited (AIA) to introduce Vitality to the Asia-Pacific region.
Regulatory service provider The Consulting Consortium (TCC) has launched an analysis service aimed at helping financial adviser firms review client files for potential unsuitability.
FirstAssist Insurance Services has launched two new insurance products, Surgery Cash Plan and Simple Critical Illness.
Take-up of employer funded cash-plans increased by 15.4% as ‘polarised trends' dominated the cash plan market, Laing and Buisson has revealed.
Demand for health cover was solid in 2012 and the number of policies moved upward, according to healthcare intelligence provider Laing and Buisson.
The employee assistance programme (EAP) sector has grown by 69% since 2008 totalling a current value of £69.13m, research reveals.
The CII has added a level-4 protection module to its Cert CII (Health and Protection) qualification.
The Financial Ombudsman Service (FOS) has seen a 179% increase in complaints about financial products and services in the first quarter of the 2013/14 financial year.