Middle classes face £35k bill for old age care

The Observer understands this will be a key proposal in a government-commissioned review into the future funding of social care to be published next week. It's article supports comments reported by COVER made by Nick Kirwan, assitant director of health and protection at the ABI, at the Protection Review last week. Kirwan suggested that a self-funding limit of £50,000 could be put in place with the government willing cover any extra. Currently, social care provided by councils is means tested. If someone needs residential care and has more than £23,250 in savings, capital or assets ...