The government is set to impose a £95,000 "stealth tax" on inheritance to help pay for care for the elderly, according to the Sunday Times.
Health minister Norman Lamb is urging individuals that have privately paid for care in the past to claim for NHS care-funding eligibility before the looming deadline.
Advisers will "undoubtedly" leverage growing long-term care expertise this year to bridge professional connections with solicitors, SIFA has said.
Symponia fears many people could unwittingly be paying for care fees twice over as a ‘significant' number of insurance policies remain unclaimed on.
Labour has proposed a long-term care funding strategy whereby everybody will pay a compulsory charge, rather than just those needing care.
The ABI has called for a national awareness campaign on the public's right to social care once the Care and Support Bill is published in the spring.
Financial advisers will be ‘centre stage' in the future long-term care system, according to the minister for care and support.
Partnership has outlined a minimum level of qualification for advisers engaging in long term care advice and is hopeful this will be enshrined in law.
The Government's social care system for disabled people is in crisis, with thousands struggling to eat or wash or leave their homes charities have concluded.
A casual observer could be forgiven for imagining that there was significant political momentum towards the delivery of a care funding solution. Chris Horlick is a believer.