LTC: Adviser warns of local authority pressure and 'false hope'

clock

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.

Speaking at a fringe event at the Labour Party Conference in Brighton, Hunt had warned about local authorities struggling to assess and monitor those eligible for the £72,000 cap on care costs and feared the system would collapse as a result. Chancellor George Osborne had announced as part of the March budget plans to cap social care costs for self-funders, or those who do not qualify for financial assistance from their local authorities, at £72,000 in 2016. The Care Bill is currently being debated in parliament. In addition, as part of the reforms there will be a greater onus on loca...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Long Term Care

Immediate needs annuities: Tackling the LTC conundrum

Immediate needs annuities: Tackling the LTC conundrum

The cost of the INA will be deducted from the estate

Mark Lisle
clock 06 December 2023 • 3 min read
Political parties must 'come clean' on social care plans

Political parties must 'come clean' on social care plans

Social care plans not mentioned at Labour or Tory party conferences

Jenna Brown
clock 11 October 2023 • 1 min read
Industry collaboration needed to spark social care change - ABI

Industry collaboration needed to spark social care change - ABI

Hannah Gurga addresses social care and climate challenges

Hemma Visavadia
clock 23 February 2022 • 2 min read