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Firms want details on LTC plans

Long-term care providers are urging the Government to clarify its

proposals on using private sector care to take the pressure off the NHS.

Health minister John Denham this week revealed that elderly patients not

well enough to return home could go into the private nursing sector. The

proposal, to be tabled in the summer, will form part of the Government&#39s

plans to modernise the NHS.

Independent healthcare providers say the proposals could allow dovetailing

between the public and private sectors in providing care as LTC insurance

policyholders have to wait three months before they can claim.

Martin Currie plans to launch two new funds. Both the African

Opportunities fund and the Martin Currie Absolute fund Japan will be

offshore, open-ended vehicles. They will be listed on the Irish stock

exchange in Dublin and will have a minimum investment of £60,000. The

African fund will be geared towards long-term capital appreciation by

investing predominantly in South and sub-Saharan African companies.

Scottish Equitable is to target the over-40s in a recruitment campaign for

100 new staff. A spokesman says: “In the recent past we have successfully

integrated large numbers of older people into our workforce. This has been

of mutual benefit – the dynamism of the young added to the experience and

maturity of the older generation is a winning combination.”

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