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ScotProv backs carers conference on LTC

Scottish Provident is sponsoring this year&#39s Carers National Association conference, which is being held in London on January 23.

The conference will debate a number of issues affecting carers, including planning for change in the longterm care market. Speakers will include health minister John Hutton.

Other senior figures from across the protection sector will also be taking part in debates on the major issues facing the LTC industry, including handling resources, funding provision and insurance as the market changes.

ScotProv head of product marketing John Hay will be addressing the conference giving a general response from the insurance industry to the NHS Plan which followed the royal commission looking at LTC.

Hay says: “Now that the Government provision is clearer, people can plan the funding of accommodation and personal care costs with more certainty to eliminate the risk of assets being unfairly swallowed up.

With insurance more affordable, this is good news not only for consumers but for all those concerned with how we plan for an ageing society.”


Cofunds to offer 235 funds from 25 providers

Cofunds will offer 235 funds from 25 providers at launch, which is currently scheduled for January 22. The IFA supermarket, which was founded by Jupiter, M&G, Threadneedle and Gartmore, will initially only offer funds within an Isa wrapper. But the platform will extend its service to include Pep transfers and non-Isa funds later in the […]

ScotLife changes terms of GPP contracts

Scottish Life announced changes to the terms of some of its grouped personal pension contracts to reflect the present position with regard to stakeholder pensions. Changes are being made to terms for new entrants to GPP schemes, which ensure that Regulatory Update 64 conditions are satisfied. Changes are also being made to ScotLife&#39s increment guarantee […]

Bank of England resists rate cut call

The Bank of England has resisted calls from business and trade unions for a cut in interest rates, maintaining the rate at six per cent at today&#39s monetary policy committee meeting. Most economists expected the rate to remain the same in the light of recent consumer credit figures and mortgage approvals which remain buoyant. The […]

Investment View

So, now you know. It does exist. The “Greenspan Put” is there, able to ride in like the cavalry to rescue the market. It was not a figment of the imagination of a trader with a long bull position after all. We can all now relax. Or can we? Last week&#39s action by the Federal […]


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