Govt accused of 'backtracking' on LTC reforms

From April 2015, local authorities in England will have to offer deferred payment schemes for long-term care. This is part of the government's wider plans to ensure no one has to sell their home to fund care in old age. However, the FT reports a government consultation document proposed restricting eligibility to people with assists of £23,250 or less, excluding the family home. Labour peer Lord Lipsey said the proposed means-tested threshold would mean "very few people will take advantage of the deferred payment scheme". The FT reports: "Most people who have reasonably valuable houses...