Cruel to be kind: Time to tell clients State help won't be enough

The cost of long-term care is a very hot topic at the moment. Official statistics show the UK has an ageing population and that people are living longer, which is naturally good news, but at the same time the average retiree’s pension pot will not be able to provide for both the retirement they hope for and also possibly funding long-term care costs. With the Dilnot Commission estimating that one in four people are likely to require long-term care in retirement, this will put huge pressure on the State because – even discounting current economic conditions – the UK simply cannot afford t...