As pension playpen people, we can’t ignore the question of long term care. It is a drain on our economy but it’s also a drain on our pensions.
At this week’s Pension PlayPen Coffee Morning, we’ve asked Tom Scott to talk with us about how Andy Burnham can afford to offer social care to those who may need it for the rest of their lives. The vast majority of these are pensioners.
This may not be the easiest subject to talk about but if anyone can, it’s the Pension PlayPen and you only have till Tuesday to wait
To join the session on Tuesday 22nd September at 10.30 am – click here
Please join us for our next Coffee Morning in which we take a look at the state of Long Term Care in the UK.
The event will be presented by Long Term Care guru, Tom Scott and he will be commenting on:
- how difficult it is for the state to fund care
- the pros and cons of funding care
- the difficulty of transferring tax money, essentially from young people to old people
- the fact that ultimately you can’t take it with you when you go
If the state funds care for people with assets, essentially what it is doing is funding the inheritance of their beneficiaries who can often be quite wealthy in their own right.
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