SOLLA chief tells House of Lords: Financial services want Dilnot care-cap

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Dilnot was backed by the House of Lords yesterday, as Society of Later Life Advisers (SOLLA) president Lord Lipsey warned the report's care cost cap proposals were in "danger of going down the pan."

At a motion to ensure care was firmly on the agenda, Lipsey advised: "The job of the House today is essentially to save Dilnot." He blamed cost fears and government unwillingness to tackle the issue. Despite this, he highlighted support outside of Whitehall, with "nearly all financial services companies agree that we need some cap" in place. In his only criticism of Dilnot, he said the proposed £35,000 cap was too low. He said such a cap would cost the state too much while disproportionately benefiting those with more money. He also said setting the cap at too low a level would discourag...

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