Long Term Care

The government's failure to set out cost principles for the funding of long-term care will slow new solutions from the private sector, according to Just Retirement.

Government should consider easing capped drawdown limits to enable investors to use funds to pay for long-term nursing home care, a provider has suggested.

Although the postponement of the long-term care cap has been badly received by the industry, the proposal to ensure local authorities provide loans to the elderly for the purposes of care has been broadly welcomed.

Andrew Dilnot's proposals for long-term care funding have once again been kicked into the long grass as health secretary Andrew Lansley today unveiled the long-awaited white paper on social care.

PROTECTION WATCH

In this week's Retirement Planner quick fire poll we ask: Do you think the gap in long-term care funding could be filled by the removal of pensioner tax breaks and benefits?

Pension tax treatment is "hard to justify" and could generate the necessary revenue for long-term care reform according to research.

In this week's Retirement Planner quick fire poll we ask: Could disability linked annuities provide a solution to the long term care crisis?

Long term care reform needs to be both clear and sustainable if a funding crisis is to be avoided says Just Retirement.

Around £300 million might be brought into the long-term care system by 2025 through the use of disability-linked annuities, according to research.