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Pressure on for LTC and gene tests

The Government has been criticised by both major opposition parties again

last week for not making its position clear on long-term care funding and

the use of genetic test results by insurance companies.

In a debate in Westminster Hall, LibDem spokesman for older people Paul

Burstow said people suffering from dementia are at risk because of the way

the Government&#39s funding plans are designed.

Burstow said people in residential homes face higher costs than in people

in nursing homes although the levels of care required are similar.

LibDem health spokesman Dr Evan Harris questioned the logic behind

differences in funding for patients suffering from similar conditions just

because of the “nature and qualifications of the person providing the care”.

Conservative MP Caroline Spelman pushed the Government to implement its

provisions for nursing care without further delay.

Both parties also called for the Government to implement a moratorium on

the use of genetic test results by insurance companies as recommended by

both the parliamentary science and tech- nology committee and the

Government&#39s own human genetics commission.


Misys and Skandia in fund supermarket link

Users of Misys&#39s portal m-link will now have access to Skandia&#39s online fund supermarket, multifundshop, as the two companies announce a partnership. The deal covers Skandia&#39s MultiISA, MultiPEP and MultiFund, giving IFAs online access to over 200 funds. Skandia also says the two New Star funds, UK Growth and European Growth are exclusively available through […]

Finan steps down at Winterthur Life

Winterthur Life chief executive John Finan is stepping down from the board as from August 21. He will be replaced by Clifton Melvin who is currently a partner at consultancy firm Integrum, which focuses on port-merger integration. Prior to Intergrum, Melvin led the development of GE Capital’s insurance activities in Europe. He began his career […]

Fund firms set up Sway alternative

Five of the UK&#39s leading fund managers are turning their backs on Sway tolaunch their own annual investment conference in a move which could alsopose problems for Pims. Schroders, SG Asset Management, M&G, Invesco Perpetual and Aberdeen willjoin forces with leading providers to launch an intermediary conferencenext year. Credit Suisse Asset Management, which has not […]

Independent View by Stephen Lansdown

Technology stocks may have taken a pounding over the last 18 months butthere is no doubt that technology has an important part to play in all ourlives, not just now but in the future too. The IT spend in my own firm has been in the millions over the last coupleof years as we seek […]


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