Long Term Care

PayingForCare.org has launched a care cap calculator to help advisers and their clients make informed funding decisions.

Access to professional advice is "crucial" for people planning their retirement, given the current state of the state pension and long-term care system, delegates heard.

The cost of dealing with the country's ageing population will increase government spending by about 4% of GDP - or £61bn in today's terms - by the 2060s, according to government projections.

The government has rejected amendments to the Care Bill that would require councils to refer people with long-term care needs to regulated independent financial advisers.

Most elderly people will be required to sell their homes in order to afford to fund care costs, according to care fees planning advisers.

LEBC Group has developed an advisory service in order to help people plan for their long-term care needs.

Mark Williams discusses the importance of putting Lasting Power of Attorney in place

Around a third of Britons do not know how they will finance later life costs for themselves or a relative, according to new research.

Getting financial advice on long-term care (LTC) is a welcome part of the latest Care Bill, however, it is not essential that advice is independent, trade body Symponia has said.

Local authorities must provide care funders with information helping them to access independent financial advice, the revised Care Bill has stipulated, though concerns have emerged surrounding councils' definition of 'independent'.