Fiona Murphy examines what long-term care reforms mean for advisers and their clients
Labour has challenged the health secretary's claims that the introduction of a cap on care fees would kick-start insurance solutions.
Friends Life is launching of a suite of online tools for advisers to assist them in advising clients on long term care solutions, particularly those receiving or about to receive care.
The government is due launch its "fully-funded solution" to the problem of how to pay for social care of the elderly.
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.
Symponia is calling for life offices who sold pre-funded long-term care plans to help families of policyholders track down forgotten or unknown policies.
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.