The Treasury has confirmed new European rules outlawing the use of gender in underwriting will not affect policies taken out before 21 December 2012.
Jonathan Rees, director general of the Government Equalities Office, has reassured insurers there will not be a ban on age-based insurance pricing in the near future.
Age could become the next factor to be banned from use in underwriting insurance and annuities, according to lawyers Pinsent Masons.
A House of Lords committee yesterday dropped an amendment to the Pensions Bill that would have created protection for transgender people against unfair state pension calculations.
The European Court of Justice ruling on gender has again been raised in Parliament.
Life offices could split to create separate providers for men and women following the ECJ ruling banning the use of gender-pricing, an actuary says.
Defaqto has called the European Court of Justice's (ECJ) ruling to ban gender based pricing as "probably the biggest change to affect the life and protection industry for a long time."
Members of the House of Lords have criticised the European Court of Justice ruling on gender discrimination in insurance policies and annuities.
David Gulland of RGA analyses the ECJ's decision to ban gender based pricing and asks where underwriting goes from here?