News

Zurich has announced that it is planning to return to the direct insurance market in the UK later this year in a strategic partnership with its subsidiary Endsleigh.

Large numbers of care home residents who are presently private payers will be drawn within the ambit of local authority payment, Laing & Buisson has warned.

Stakeholders within the life assurance market need to work together to tackle the ongoing problem of cancellation and persistency rates, a national IFA has urged.

With the advent of consultant charging, group risk offers a valuable opportunity for advisory firms to achieve significant additional income, research has found.

Advisers, providers and elderly charities welcomed the Dilnot report, but urged the government not to kick the recommendations into the long grass.

Actuaries' professional body, The Actuarial Profession, has said that, if implemented, the Dilnot Report will present significant opportunities for the long term care insurance market.

ALC Health has increased annual benefit limits on both its Prima Premier and Prima Classic/Ibérica plans.

The Dilnot Report on care funding today suggested its recommendations, if adopted, could kick-start pre-funded products in the long term care (LTC) market.

The Commission on Funding of Care and Support today presented its findings to the government in its report Fairer Care Funding.

People in long term care (LTC) homes should not pay more than £35,000 for care and between £7,000 and £10,000 a year for accommodation and food, the Dilnot Commission has recommended.