Long Term Care

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.

LTC

Government will seek to implement the Dilnot Commission's long-term care cap by 2015, Nick Clegg has revealed.

The coalition government has renewed its commitment to reforming long-term care but has not confirmed the level of a cap or timescales for implementation.

A government cap of £75,000 on long-term care (LTC) costs reported yesterday will benefit 'very few' of the people actually in LTC, according to advisers and industry experts.

Elderly people will now have to pay £75,000 towards their care home bills before the government steps in to provide financial help.

Most over 40s have not made plans for elderly care costs as they expect to financially support their adult children, according to research.

Winter fuel benefit should be means tested to meet the long-term care ‘time bomb', according to a Liberal Democrat MP.

The ‘real cost' for elderly care could be over £200,000 if government raises the care cap to £75,000, warns Partnership.