Govt mulls plans for AE type policy on social care

Part of consultation on social care

Hannah Godfrey
clock • 2 min read

Ministers are believed to be considering plans to encourage all workers to set aside part of their wages to pay for their own social care - a scheme similar to automatic-enrolment for pensions.

The plan is to be considered as part of a consultation document on the future of social care which is due to be published later on this year. First reported by the Mail Online, the idea would work by taking a percentage of a person's salary and putting it into a care fund. Savers would then be given the option to opt out of saving the minimum contribution set by the government. The Department of Health could not confirm the plans but said further details on the next steps on social care would be provided in due course. AJ Bell senior analyst Tom Selby described the idea as "interes...

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