Any new legislation implementing private sector involvement in supporting the welfare state will not happen until a potential second term, according to the ABI.
The body also revealed the Dilnot Commission examining the funding of long-term care (LTC) will include involvement for private provision but accused the government of being uncoordinated towards simple advice and products. Speaking at the Protection Review, Otto Thoresen, director general of the ABI, explained the coalition had been positive about the possibility of private sector involvement but certain policies were not operating hand-in-hand. "I don't believe the simple products and simple advice debate is joined up in government," he said. "Somewhere in the tangled mix is an i...
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