Long Term Care

The government is encouraging councils to raise council tax to fund long-term care. Richard Walsh discusses the problems with this and alternative means of funding.

AXA has reached an agreement with Age UK to acquire its telecare business.

Almost one in six British workers (16%) have had to take time off work, or work irregular hours, to care for an elderly relative, new research has revealed.

Partnership Assurance has completed its merger with Just Retirement creating JRP Group plc.

Partnership has launched a new guide for advisers who are considering operating in the long-term care market.

Westfield Health has invested in 3rings - the elderly care tech start-up showcased by serial entrepreneur Steve Purdham on Dragons' Den.

My Care Consultant (MCC), a specialist advisory for long-term care funding has launched this week, to help IFAs secure new business and provide advice to consumers.

The NHS currently ‘wastes' £3.3bn keeping elderly patients in hospital when the money would be better spent on a Fast Track Discharge Fund to move them into care homes, a report has urged.

Council tax rises to pay for social care in 2016/17 will not alleviate growing pressures on the services caring for the elderly and disabled, the Local Government Association (LGA) has warned.

The proposed merger between Just Retirement and Partnership has been put on hold subject to meeting Solvency II requirements and is expected in January.