Long Term Care

Research by Royal London into care funding has found a huge variation in both the amount councils would be willing to pay towards care home costs and the extent to which people have to 'haggle' with their local authority to obtain a good deal.

The majority (73%) of over-45s have not planned or spoken with family about care in later life and are confused about government policy, research from Just has found.

First Secretary Damian Green has announced that the government will publish a green paper on care and support for older people by summer 2018.

'Last big unpooled risk citizens face'

15% of people saving monthly for care

As a result of significant increases in life expectancy, an additional 71,000 care home places will be needed for older adults spend with substantial care needs, according to a study published in The Lancet.

Will introduce a cap on cost of care

Plans to make greater use of 'deferred payments' to claw back social care costs from the value of the sale of a family home could fail unless the existing 'deferred payments' system is improve, Royal London has warned.

Theresa May is reportedly putting long-term care at the heart of the Conservative manifesto so that pensioners will not have to pay more than £85,000 for their social care costs, according to reports today.

Sir Andrew Dilnot has revisited Britain's long-term care system, describing it as 'absolute chaos' while discussing implications and reforms for the government, insurance market and pensioner benefits.