Long Term Care
The ABI and Department of Health are working together to help grow the LTC market. The need is there, but when is the right time to start talking to clients about care costs?
Other Long Term Care articles
New initiatives around funding long-term care will likely benefit only high-net worth consumers, while less wealthy people will still end up selling their homes to fund care, Zurich has suggested.
Pensions provider Just Retirement has launched an ‘immediate needs' annuity for people facing long-term care costs.
In October Symponia launched its Legal Academy to help foster strong working relationships between advisers and solicitors operating in the later life market. Helen Morrissey talks to joint managing director Jeremy Davies about his plans for the Academy.
The Association of British Insurers (ABI) and Department of Health have signed a ‘statement of intent’ focusing on the future development of the long-term care market.
The shadow minister for care and older people Liz Kendall has warned of a ‘misinformation scandal' in the delivery of long-term care advice.
Advisers have stressed they are keen to become more involved in long-term care (LTC) advice, with a desire to be included in council referral lists, the Association of Professional Financial Advisers (APFA) says.
Pensioners could have to pay out £150,000 on long-term care before the government will step in, according to the Labour party.
An IFA has joined forces with a care provider to provide an independent advice service for those seeking home care.
In his new regular column, the CII’s David Thomson provides an update on the key regulatory events of the past few weeks and takes a look at what can be expected next.
In a new monthly feature, the CII’s David Thomson provides an update on the key regulatory events of the past few weeks and takes a look at what can be expected next.
Fiona Murphy asks whether a pensions overhaul could help encourage people to save for their long-term care needs
Workplace pension savers should be able to earmark part of their funds to pay for long-term care, according to a white paper.
Labour's Lord Hunt was right to highlight the practical difficulties of asking local authorities to assess all self-funders as part of long-term care reforms, adviser firm LEBC Group has said.
An amendment to the Care Bill mandating local authorities to refer people approaching care to regulated financial advisers - a proposal originally thrown out by parliament - is to be re-submitted in revised form for consideration by MPs.
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