Bill LeGrys: How to solve the UK's care funding crisis

£4.5 trillion of property wealth

clock • 3 min read

For years now, both government and the financial services sector have struggled to make progress in addressing the UK's care funding crisis but, asks Bill LeGrys, could the answer lie in the nation's property wealth?

The 18th Century French philosopher Voltaire held the view that no problem can withstand the assault of sustained thinking - and, if he was right, clearly this is a principle that needs to be applied to the UK's care funding crisis. For more than a decade, successive governments have kicked the can down the road, periodically throwing token sums of cash at the problem. Yet they have made little progress in addressing what is now an urgent societal need. The financial services sector must also bear some responsibility for not innovating and responding quickly enough to the increasing n...

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