The big question: The Dilnot Report

Claire Barker is head of the Equity Release Solicitors Alliance (ERSA) A cap on contributions required from the individuals would limit the exposure of product providers, potentially resulting in a raft of new products. These will give people a range of more attractive options to fund care. The report also mentions equity release as a possible source of care funding, showing a further step towards the industry receiving official endorsement. Our research into care funding revealed 32% of people would be more likely to take out equity release if it had a government stamp of appro...