Fiona Murphy asks industry commentators what they lobbied for in the long-term care consultation and for an update on the passage of the Care Bill.
In his new regular column, the CII’s David Thomson provides an update on the key regulatory events of the past few weeks and takes a look at what can be expected next.
In a new monthly feature, the CII’s David Thomson provides an update on the key regulatory events of the past few weeks and takes a look at what can be expected next.
Other Long Term Care articles
Fiona Murphy asks whether a pensions overhaul could help encourage people to save for their long-term care needs
Workplace pension savers should be able to earmark part of their funds to pay for long-term care, according to a white paper.
Labour's Lord Hunt was right to highlight the practical difficulties of asking local authorities to assess all self-funders as part of long-term care reforms, adviser firm LEBC Group has said.
An amendment to the Care Bill mandating local authorities to refer people approaching care to regulated financial advisers - a proposal originally thrown out by parliament - is to be re-submitted in revised form for consideration by MPs.
While political lobbying may have had some negative publicity of late, providers in the long-term care market are still working the halls of Westminster on advisers’ behalf.
The government has rejected amendments to the Care Bill that would require councils to refer people with long-term care needs to regulated independent financial advisers.
Most elderly people will be required to sell their homes in order to afford to fund care costs, according to care fees planning advisers.
Mark Williams discusses the importance of putting Lasting Power of Attorney in place
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