LTC

In this week's quick fire RP poll we ask RP readers: Should withdrawals from pension pots to fund long-term care costs be made tax free?

Catch up: Five pensions stories you might have missed

Recently launched Family Building Society has linked with Chase de Vere and Key Retirement Solutions for later life planning referrals.

Only 13% of over 45s would consider seeking help from a financial adviser with their care funding, despite more than half stating they are confused by the subject, according to research.

When is the right time to talk LTC funding with clients?

The Association of British Insurers (ABI) and Department of Health have signed a ‘statement of intent' focusing on the future development of the long-term care market.

Pensioners could have to pay out £150,000 on long-term care before the government will step in, according to the Labour party.

The government has promised people will not be forced to sell their homes to pay for care in old age after a proposal to restrict eligibility to defer payment was exposed.

The cost of dealing with the country's ageing population will increase government spending by about 4% of GDP - or £61bn in today's terms - by the 2060s, according to government projections.

Getting financial advice on long-term care (LTC) is a welcome part of the latest Care Bill, however, it is not essential that advice is independent, trade body Symponia has said.