A third of over-50s say they would be put off saving for the future if they had to pay care costs down to their last £100,000 - in line with the controversial policy published in the Conservative manifesto.
Research by Saga found that, while many over-50s agree that people who can afford it should contribute towards their care, setting the contribution they have to make too high would put them off saving for their future entirely. The survey canvassed the opinions of 2,004 UK adults, of which 897 were aged 50 or over in May. It found nine in 10 aged 50 and above believe there should be a care fee cap set at £60,000. The findings also indicated renters agree that having to sell the home to pay for care even after death is not right. The Conservative manifesto promised no-one would have ...
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