Healthcare

Ian McKenna: What advisers can learn from medical tech

Sometimes looking outside our own industry makes it easier to understand the potential impact of technology in context. This is quite natural when you consider changes that might threaten one’s own livelihood can be really disturbing.  Conversely, if we do not recognise these threats, inaction could exacerbate the risks.  I recently attended the Benefits Expo […]

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Think-tank calls on Govt to replace state pension with compulsory DC

The Government should consider scrapping the state pension and replacing it with compulsory defined contribution pensions to get national debt under control, the Institute of Economic Affairs suggests. Rather than tinkering with the state pension age or charging for some NHS services, the free market think-tank says more fundamental reform, including a mandatory health insurance […]

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Lib Dems to call for ‘minister for ageing’

The Liberal Democrats are to vote on a proposal to create a new minister for ageing at the party’s annual conference today as it sets out a series of changes to welfare and saving policy. At the Lib Dem conference in Glasgow today, members are expected to vote on an Ageing Society Policy Paper to […]

McKenna: The future’s bright

The human interaction sought by face-to-face advice may face genuine competition by technology-based solutions and articificial intelligence

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IPTF gears up for launch of campaign to shake up IP

The Income Protection Task Force has revealed more details about its high-profile campaign aimed at dramatically boosting the take-up of income protection. Originally developed as the Family Support Initiative, the campaign has been rebranded as Seven Families. It will provide a monthly income for a year to families where the main breadwinner is unable to […]

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Govt boosts childcare support to £2,000 per family

The Government is boosting its childcare support by offering families up to £2,000 of tax relief per child. The Guardian reports the new package will be available for anyone with children up to the age of 12, instead of the previous proposed cut-off age of five. Previously, the reforms were being phased in over seven […]

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Skandia extends range of critical illness cover

Skandia has expanded its critical illness policies to cover more diseases and increased the maximum age of applicants to 67. The firm has removed Multiple System Atrophy and Progressive Supranuclear Palsy and replaced them with the all-encompassing Parkinson Plus Syndromes. CI Expert says the new definition covers other conditions that permanently impair motor function, eye […]

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Tom Wright: Improving ‘financial resilience’ of older people

We are “woefully underprepared” for our ageing society. That was the conclusion of the House of Lords Select Committee on public service and demographic change chaired by Lord Filkin earlier this year. Central to that is the fact people just aren’t saving enough for retirement and their later life. New research for Age UK has found […]

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Govt could extend LTC deferred payments scheme

The Government says it could change the Care Bill to ensure wealthier individuals can access the deferred payments system. Long-term care reforms came under fire last month after Society of Later Life Advisers president Lord David Lipsey said current proposals would still force many to sell homes to pay for care. Under the proposals, only those […]

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Long-term care funders must be ‘nudged’ to regulated advisers

The Government has strengthened the role of advisers in long-term care funding by insisting that local authorities “nudge” people towards regulated advice. The shift is a partial victory for campaigners who have sought greater reassurances from the Government that regulated advice will play a key role in reforms. Speaking at the third reading of the […]