Long Term Care

Chancellor Phillip Hammond announced a further £2bn for social care funding as well as a Green Paper on social care. Fiona Murphy rounds up post-budget views from financial services.

The government has pledged £2bn extra for social care as a Green Paper on social care funding will be published later this year.

Council tax rises in 2017/18 will not bring in enough money to prevent the need for further deep cuts to services such as social care, the Local Government Association (LGA) has warned.

Introduce 'Care Isa' - Ros Altmann

The government is encouraging councils to raise council tax to fund long-term care. Richard Walsh discusses the problems with this and alternative means of funding.

AXA has reached an agreement with Age UK to acquire its telecare business.

Almost one in six British workers (16%) have had to take time off work, or work irregular hours, to care for an elderly relative, new research has revealed.

Partnership Assurance has completed its merger with Just Retirement creating JRP Group plc.

Partnership has launched a new guide for advisers who are considering operating in the long-term care market.

Westfield Health has invested in 3rings - the elderly care tech start-up showcased by serial entrepreneur Steve Purdham on Dragons' Den.