Conservatives to target rising social care costs in manifesto

Triple lock to be ditched

clock • 2 min read

The rising cost of social care is expected to be a principal focus of the Conservative's 2017 general election manifesto when it is launched later today, according to reports from both the BBC and the Financial Times.

The FT reported Prime Minster Theresa May (pictured) would announce "plans to cut the costs of caring for an ageing Britain in tough reforms that will hit millions of wealthier pensioners, many of them Conservative voters". The Conservative party also intends to scrap the ‘triple lock', which currently guarantees annual rises in the state pension of at least 2.5%, as well as its planned cap on the amount an individual is expected to pay towards social care, with domestic care having for the first time to be paid for from the value of a house. According to the BBC, the manifesto will p...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

CII launches research community

CII launches research community

Voices to give professionals a stronger role in shaping policy

Sophia Panayi
clock 24 September 2026 • 1 min read
Andrew Goodwin: Three barriers to optimum vulnerable client outcomes

Andrew Goodwin: Three barriers to optimum vulnerable client outcomes

'It seems safe to say that vulnerability is likely to be commonplace'

Andrew Goodwin
clock 24 September 2026 • 4 min read
Feel Good Friday: Royal London partners with disabled racing driver on equality initiative

Feel Good Friday: Royal London partners with disabled racing driver on equality initiative

Working with Nicolas Hamilton, younger brother of F1 champion Lewis

Professional Adviser
clock 24 September 2026 • 1 min read