Tony Clements is an IFA with Park Row Corporate and Private Clients
The government published its Green Paper on the future of care, entitled ‘Shaping the Future of Care Together' on the 14 July 2009. Government research in the Green Paper shows that the expected lifetime cost of care for someone who is 65 today is: For a 65 year old female £40,400 and for a male £22,300. So the average is £31,700 The report starts by looking at what it considers is wrong with the current system and the challenges facing society today, including: • Current system is a result of a series of incremental changes rather than one bold reform. • The requirement for those w...
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