View more on these topics

ABI presses for a shift of focus to privately funded healthcare

Funding of UK healthcare is skewed towards the public sector, according to ABI head of health Richard Walsh.

Walsh told last week&#39s Developing Next Generation Protection & Health Insurance Products conference that more private healthcare would increase patient choice, reduce waiting times and improve overall standards of care to enable the UK to compare well with other EU states.

The Government&#39s commitment to massively increase NHS funding will not keep pace with increasing public expectations, said Walsh, who predicted that satisfaction with the NHS compared with the private sector healthcare could actually fall.

He said the ABI wants to foster debate on the best way forward for healthcare funding in the UK and called for the reduction of disincentives for companies to provide employees with corporate private medical insurance.

Walsh said the ABI is looking for ways to help consumers with rare genetic and other conditions to obtain health insurance cover. It is preparing to consult on and pilot a “rare conditions template” which would set out an agreed medical prognosis for a number of conditions to be tailored to each person&#39s circumstances.

He said the ABI is lobbying hard for an amendment to the EU gender discrimination directive that plans to outlaw underwriting of insurance products on grounds of sex.

Walsh said: “2004 will be another very challenging year for the protection and health insurance sector. The health funding debate will heat up, the FSA regulatory house is built and we are keeping our fingers crossed on gender.”


Busting out all over

On April 1 the provisions of the Enterprise Act 2002 and the Amended Insolvency Rules dealing with personal insolvency came into effect. Here we explore the main changes that have been brought about by the legislative provisions. Reduction of bankruptcy periodBefore April, once declared bankrupt, the period of bankruptcy generally lasted for three years. During […]

Destini builds up in capital with London buys

Destini Financial Services Group has continued its aggressive acquisition programme with the acquisition of two London IFA firms. City IFA London and Redwood will bring 10 more registered individuals into the group. The advisers will be operating alongside Destini Fiona Price, Destini Seymour and Destini Bloomsbury advisers in London. Destini, launched in 2001 by group […]

FSA urged to charge per RI fees – Aifa

The FSA should levy regulatory fees on IFA firms depending on how many advisers sit within them as opposed to how much income is generated according to Aifa. In its response to the regulator&#39s consultation on fees and fees policy, the trade body says whichever way fees are levied, the same amount of money will […]

Watchdog seeks MPs&#39 views on inquiry

The Parliamentary Ombudsman has written to MPs to ask whether they feel she should reopen her inquiry into Equitable Life. They have until May 21 to respond. Ombudsman Ann Abraham&#39s report into Equitable published in July last year concluded the FSA had no responsibility for the debacle. Liberal Democrat MP Norman Lamb is tabling an […]

Oil industry: only the fittest will survive

The actions of OPEC have forced the oil supply to fall and producers to cut costs and rationalise, says Richard Hulf In an interview with journalist Alexis Xydias, Richard Hulf, manager of the Artemis Global Energy Fund, explains the impact of the fall in the oil price on energy companies. Alexis also quizzes Richard on […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm