Protection

The government's failure to set out cost principles for the funding of long-term care will slow new solutions from the private sector, according to Just Retirement.

Government should consider easing capped drawdown limits to enable investors to use funds to pay for long-term nursing home care, a provider has suggested.

Although the postponement of the long-term care cap has been badly received by the industry, the proposal to ensure local authorities provide loans to the elderly for the purposes of care has been broadly welcomed.

Andrew Dilnot's proposals for long-term care funding have once again been kicked into the long grass as health secretary Andrew Lansley today unveiled the long-awaited white paper on social care.

PROTECTION WATCH

Aegon UK is in exclusive talks with third-party specialists Serco regarding outsourcing the administration of its protection business.

Readers enjoying our very popular Coffee Lounge may notice we've updated our daily Sudoku challenge.

Mutual life and pensions company Royal London has announced the management team for its intermediary propositions, following the appointment of Hugh McKee as chief executive last month.

The European parliament is set to reject a ban on commission to independent financial advisers (IFAs) when it votes on MiFID II next week.

An amendment to the Financial Services Bill proposed by two Labour peers could open up the possibility of financial advisers not having to be regulated if they do not charge for their services.