Industry no clearer on LTC funding

By Ben Marquand The long delay between the publication of the Royal Commission and the Government's response has caused IFAs difficulty in selling LTC policies, while insurers have been unsure of how to develop products. While the more recent announcement on regulation has been welcomed, the decision to fund only nursing care and not personal care was given a muted reception. The feeling is that while the Government has made it clear what it will not be funding, there are some issues that still need clarification. Last July, the Government announced that it agreed with most of the Commi...