Sir Andrew Dilnot has revisited Britain's long-term care system, describing it as 'absolute chaos' while discussing implications and reforms for the government, insurance market and pensioner benefits.
Giving a lecture at the Resolution Foundation, he described the UK long-term care system as "an absolute shambles". "It's in freefall," he continued. "It's a sector that should be a symbol of what kind of society we are and it's full of people trying to do their very best -and its absolute chaos. "It's underfunded, the structures are completely ineffective and the market failure is absolutely unbelievable in its extent. It's perfectly feasible to do something to make this better. "Although it's in a terrible mess at the moment, it is an area where we can make remarkable progress witho...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes