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An age-old issue

The Labour Government's promises concerning the provision of care for the elderly have had a massive impact on the sale of long-term care insurance. Sandy Johnstone looks at what this means for insurers and customers alike.

When New Labour came to power, one of its promises was to appoint a
Royal Commission on care for the elderly in the UK. The commission
delivered the report in March 1999 and two key recommendations

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FCA and PRA turn spotlight on MGA oversight

The Financial Conduct Authority and Prudential Regulation Authority are sharpening their scrutiny of managing general agents, stressing insurers must take primary responsibility for businesses underwriting on their behalf.

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