Tony Blair has confirmed the next general election will be held on June 7. Parliament will be dissolved on Monday Both main parties put increasing emphasis on public/private solutions for financial services. The Conservatives are giving long-term care a high profile following announce-ments last week and a plan to abolish tax on savings for low and moderate earners. The Tories are also promising reform of compulsory annuity purchase at 75.
Labour will focus on the future needs of the young, with proposals for a trust fund for all children. The LibDems promise a simplified state pension with a compulsory private component.