General Election 2017 reaction: 'May painted a target on her back when she announced controversial social care plans'

clock • 3 min read

The General Election's result has called into question the future of issues such as long-term care funding, Old Mutual Wealth and Royal London have warned.

The 2017 UK General Election ended in a hung parliament after the Conservatives failed to secure the majority pollsters had predicted in the run-up to yesterday's vote. Old Mutual Wealth and Royal London have both criticised the impact of the general election on social care plans.  In the its manifesto, May's Conservative party said it would raise the means-tested threshold for elderly care from £23,250 to £100,000. This would be taken from a person's estate, including their home, when they die and would not be capped. The policy would only guarantee the last £100,000 of a person's...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Octopus Legacy launches life cover with Shepherds Friendly

Octopus Legacy launches life cover with Shepherds Friendly

Designed to reduce anxiety

Jaskeet Briah
clock 10 December 2025 • 2 min read
Aviva updates online trust process

Aviva updates online trust process

Digitised trust for individual protection

Cameron Roberts
clock 28 November 2025 • 1 min read
Fairer Finance adds former FCA chair to consumer board

Fairer Finance adds former FCA chair to consumer board

Charles Randell CBE joins

Jaskeet Briah
clock 28 November 2025 • 1 min read