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    That is incorrect Howard.

    The EU have set new gender equalisation rules so insurance premiums cannot be influenced by gender. Men are worse drivers (in the sense of accident records) than women, previously that could be taken into account when setting insurance rates, that is the case no longer.

    It is not only what most people regard as insurance that is affected either. Pension income is also affected. Previously men could expect better pensions due to a shorter life expectancy than women. This is no longer the case.

    The EU is not telling companies what they can charge just changing the basis of how charges are worked out.

    This is quite frankly utterly absurd and goes entirely against the common sense basis of insured risk premiums where a higher risk of pay-out is reflected in higher premiums.

    What next - age equalisation..... imagine what the will mean to car insurance premiums let alone annuity rates.

    The world has gone bonkers. Mind you what else can we expect from the EU.

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