83% of women worry about LTC

clock

The majority of women are concerned about how they will fund care in old age, according to new resea...

The majority of women are concerned about how they will fund care in old age, according to new research from BUPA and Top Santé magazine.


The survey, entitled 'Women and Work', revealed there is not enough information about options on care for the elderly, with 83% worried about how they would meet their own care costs.


According to Laing and Buisson, there are seven million informal carers in the UK, and of those surveyed, 75% found the situation stressful.


Commenting on the research, Geoff Brown, managing director of BUPA Health Assurance, said: 'These statistics highlight some of the very real issues surrounding long term care. IFAs have a responsibility to ensure people have access to accurate and informative material on the various long-term care options available. The long term care funding market has enormous growth potential and with limited State provision for many, concerns are rising over the cost of care.'



More on uncategorised

Simplyhealth releases employer guide amid unpaid carer challenges

Simplyhealth releases employer guide amid unpaid carer challenges

Four in five carers with health conditions consider giving up their jobs

Jen Frost
clock 14 November 2024 • 3 min read
Queen Elizabeth II dies after 70 years on the throne

Queen Elizabeth II dies after 70 years on the throne

1926-2022

COVER
clock 08 September 2022 • 1 min read
COVER parent company acquired by Arc

COVER parent company acquired by Arc

Backed by Eagle Tree Capital

COVER
clock 06 April 2022 • 1 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read