The General Election's result has called into question the future of key financial issues such as long-term care funding, leading insurance providers have warned.
The 2017 UK General Election ended in a hung parliament after the Conservatives failed to secure the majority pollsters had predicted in the run-up to the 8 June vote. Old Mutual Wealth and Royal London have both criticised the impact of the general election on social care plans. In the its manifesto, May's Conservative party said it would raise the means-tested threshold for elderly care from £23,250 to £100,000. This would be taken from a person's estate, including their home, when they die and would not be capped. The policy would only guarantee the last £100,000 of a person's ...
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