Private clients in care homes are charged more than those paying under local authority arrangements, a situation set to worsen, Partnership has found.
UK consumers are putting too much emphasis on price when insuring their lives, according to new research.
Individuals will be responsible for commissioning their own care services and managing their own care budgets, according to plans revealed by the government.
Over 20,000 pensioners were forced to sell their homes to pay for residential care last year, according to new figures out today.
Partnership has warned the coalition government's spending review will have a ‘profound' effect on the funding of long-term care (LTC).
Cash strapped councils will increasingly shunt costs for long-term care to users and the NHS, according to Laing & Buisson.
The government has barely maintained its commitment to protect the NHS budget and increase spending over the next four years.
Research from National Friendly has revealed the severity of the escalating long term care issue, with most people unaware of their options.
IFAs are under-equipped to benefit from a looming explosion of interest in long term care products, says a market specialist.
Older people are overwhelmingly failing to plan for later life and haven't woken up to the impending care crunch, according to new research