Long Term Care

Almost a fifth, (18%) of the over-50s expect to have to sell their homes if they become ill in old age and need to fund long-term care, research from MetLife has shown.

Just 4% of advisers feel they understand the newly introduced care cap completely, nor is it yet widely known about or understood by the public or long term care advisers, a new survey suggests.

Responses to the Barker report published yesterday have been mixed. While some within involved industries have welcomed it unreservedly, others have offered more measured responses.

The existing arrangements for health and social care should be replaced with a single structure, an independent review has urged.

Recently launched Family Building Society has linked with Chase de Vere and Key Retirement Solutions for later life planning referrals.

Advisers believe long-term care should be at the heart of retirement planning following the Budget overhaul of pensions, research for MetLife shows.

Half of over-45s have said that referral to an independent financial adviser to provide advice on long-term care (LTC) funding would be ‘valuable', a report has said.

NICE has begun a consultation on draft guideline on how to increase the number of older people who can lead independent, healthy and active lives, by changing behaviour mid-life.

The NHS could save £69million a year by providing community care to allow cancer patients in England to die at home instead of in hospital, according to Macmillan Cancer Support.

Promedica24, Europe's largest live in care provider, has found the idea of residential care is becoming less and less appealing with over two thirds (67%) considering a live in carer just so they don't have to go into a home.