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.
How to fund long-term care has been a question that has proved tricky for successive governments. Currently, care costs are unlimited for individuals meaning that many pensioners requiring care need to sell their homes to fund huge costs. Under Labour we have seen the Royal Commission on long-term care for the elderly in March 1999 and the Wanless review's Securing good care for older people in March 2006. The coalition government set up the Dilnot Commission's Funding of Care and Support review...
British Friendly has become the first insurer to complete the new Disability Confidence & Awareness training by Disability Rights UK (DRUK).
Old Mutual Wealth will help people meet the escalating cost of funerals by advancing payment of the sum assured up to £10,000 across several products including its Protect range.
Defaqto has released a guide for advisers, sponsored by Aegon, which provides information on business and personal protection for small business owners.
Fiona Murphy meets Tim Stoves, managing director of Canada Life Group Insurance.