Ask The Expert: Chris Horlick, Partnership

clock • 4 min read

Chris Horlick discusses how the new government is likely to deal with long term care and asks how people can be made more aware of the need to make advance provision

Long term care was a major topic for discussion in the run up to the General election. Do you feel this will continue to be the case post election? I believe the reason why government has been reluctant to commit itself to an overriding policy in this area is that it may be extremely controversial and costly. Controversial; because with the much publicised financial constraints on public spending this will inevitably require individuals to fund a significant element of their care and particularly residential ‘hotel' costs. As there are now more people over 60 than under 16 in the UK, th...

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 Long Term Care

Immediate needs annuities: Tackling the LTC conundrum

Immediate needs annuities: Tackling the LTC conundrum

The cost of the INA will be deducted from the estate

Mark Lisle
clock 06 December 2023 • 3 min read
Political parties must 'come clean' on social care plans

Political parties must 'come clean' on social care plans

Social care plans not mentioned at Labour or Tory party conferences

Jenna Brown
clock 11 October 2023 • 1 min read
Industry collaboration needed to spark social care change - ABI

Industry collaboration needed to spark social care change - ABI

Hannah Gurga addresses social care and climate challenges

Hemma Visavadia
clock 23 February 2022 • 2 min read