Majority of over-45s 'not planned nor spoken about' care - Just

52% delaying making plans

Hannah Godfrey
clock • 2 min read

The majority (73%) of over-45s have not planned or spoken with family about care in later life and are confused about government policy, research from Just has found.

The sixth annual Care Report collected insights into public sentiment towards social care as the government begins work on a Green Paper due to be published in the first half of 2018. It pointed to disorganisation and confusion among the over-45s over care plans and recently announced government policy on funding residential care. More than two-thirds (67%) of the 1,088 over-45s sampled said they do not know the level of assets they can own before having to pay their own care costs, and more than half (52%) are delaying making financial plans about care until new rules have been intro...

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 Retirement

Advisers warn market volatility will threaten retirement plans

Advisers warn market volatility will threaten retirement plans

More than half expect clients to postpone or change plans

Isabel Baxter
clock 26 March 2024 • 2 min read
Perfect timing: How to advise clients on the right time to retire

Perfect timing: How to advise clients on the right time to retire

Striking a balance between health, wealth and personality

Richard Hulbert
clock 05 February 2024 • 4 min read
Baillie Gifford: Enjoying later life without an income from work

Baillie Gifford: Enjoying later life without an income from work

The latest from PA’ Digital Working Lunch webinar series

Professional Adviser
clock 12 December 2023 • 2 min read