A care insurance product linked to pension drawdown could be marketed to middle-earners as "inheritance insurance", according to proponent Steve Webb.
Ex-pensions minister and Royal London director of policy said a care insurance product tied to pension drawdown would work well for middle-earners who need to meet long-term care costs in later life but...
Worth 'up to £2bn'
‘Complexities of NHS pension scheme’
'Typical' £1,755 referral fee
Programme launched in 2017