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&#39Stopgap&#39 Catmarks for LTC, says Treasury

The Treasury says it may introduce Catmarks for Long Term Care products as a “stop-gap” measure until full regulation is likely to comes about in two years time.

The Government&#39s consultation on LTC regulation closed last week and so it says no decisions have been made yet. But speaking at a conference, Delivering Long Term Care Insurance, sponsored by Westminster and City Programmes, Treasury policy adviser Sanjay Ghosh said temporary LTC Catmarks may be the way to resolve industry demands to introduce regulation as soon as possible.

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