Long Term Care

The government has published draft rules as a basis for consultation on reforming the ‘postcode lottery' of long-term care eligibility criteria.

The announcement of additional funding for local authorities to cope with long-term care reforms was ‘good news' but further savings and access to financial advice are needed, Partnership has said.

Over £3 billion a year will be spent on integrated health and social care, chancellor George Osborne pledged today in the 2013 Spending Review.

Most elderly people will be required to sell their homes in order to afford to fund care costs, according to care fees planning advisers.

More than a third of over-45s have underestimated the annual cost of a residential care home by over £7,000, Partnership has said.

LEBC Group has developed an advisory service in order to help people plan for their long-term care needs.

Advisers are lacking faith in the coalition's ability to bridge the funding gap for the UK's elderly, Symponia has revealed.

A third of ‘sandwich' carers who look after both younger and older relatives have struggled with meeting basic living costs and have identified an ‘advice gap'.

Partnership Assurance Group has set its offer price at 385p per share meaning its implied market capitalisation for its initial public offering (IPO) is £1.5bn.

LEBC Group has called on MPs to consider making long-term care advice fees VAT exempt.