Protection

Resolution has cancelled an intended £250m payout to shareholders after reconsidering the expected capital requirements of Friends Life.

The Association of British Insurers has said it is "extremely confident" age and disability pricing factors will not go the same way as gender with the incoming EU Equal Treatment Directive.

Advisers and self-funders can be confident that the importance of long-term care financial advice has been recognised by the government, Partnership has claimed.

A group of MPs has found only 4% of the 40% of people who would benefit from investing in a financial product to fund care do so.

FIVE THINGS

Ageas Protect has promised to support customers whose applications cannot be placed on risk immediately before the introduction of gender neutral pricing.

Fiona Murphy asks whether the white paper on long-term care is effective enough and what more needs to be done

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.