Care crunch looming for over 65s - Bupa

Instead they are choosing to rely on the ‘disintegrating' informal care network provided by friends and families, it adds. The Bupa study conducted by the London School of Economics (LSE) reveals that less than a quarter (22%) of over 65s have put money aside for their later years and impending care needs. It also shows that two thirds (65%) are assuming their families will be there to shoulder the burden of their care. This leaves them vulnerable as the report explains that "the ‘informal care network' (the traditional pattern of families looking after their elderly) is disintegra...