Long Term Care

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.

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.