Ben Simpson: We advisers must navigate political 'shifting sands' on social care

A Chartered financial planner's view on social care reform

clock • 8 min read

Ben Simpson looks at the government's social care reform package through the lens of financial planning. He says advisers should maintain a "healthy scepticism" toward both the details and the longevity of the plans but adds long-term care costs must be considered as clients age...

The conclusion of the furloughing scheme seems an appropriate moment to pause for breath after 18 months of almost unprecedented government intervention.  Set in any context, let alone the preceding 40 years of comparatively ‘small' government, the numbers involved are staggering. Who can say what the reaction to the amount of government spending might have been, had it been John McDonnell signing the cheques rather than Rishi Sunak? My statement isn't quite as loaded as it might appear, rather I merely seek to underline the extent to which the pandemic has shifted politics in our countr...

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