Long Term Care

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.

The government has pledged £2bn extra for social care as a Green Paper on social care funding will be published later this year.

Council tax rises in 2017/18 will not bring in enough money to prevent the need for further deep cuts to services such as social care, the Local Government Association (LGA) has warned.

Self-funding, or private-pay, care home residents are keeping the sector afloat according to the latest figures from healthcare market intelligence provider LaingBuisson.

The government is encouraging councils to raise council tax to fund long-term care. Richard Walsh discusses the problems with this and alternative means of funding.

RedArc has warned that carers are at risk of being forgotten under traditional healthcare and protection policies.

Partnership Assurance has completed its merger with Just Retirement creating JRP Group plc.

Partnership has launched a new guide for advisers who are considering operating in the long-term care market.

Westfield Health has invested in 3rings - the elderly care tech start-up showcased by serial entrepreneur Steve Purdham on Dragons' Den.

My Care Consultant (MCC), a specialist advisory for long-term care funding has launched this week, to help IFAs secure new business and provide advice to consumers.