For younger readers, MIRAS was Mortgage Interest Relief at Source. A scheme allowing UK homeowners to receive tax relief on…
We bought our present house more than forty years ago. The newspapers all said "Buy as expensive a house as…
The RF approach is probably close to what Andy Burnham would like to happen, but the mood music at present…
The economic background is challenging and guidance can be found in the recent report The RF report’s key findings are:…
Tag Archives: long term care
Steve Webb and Andy Young reacting to new triple lock
“..it’s more like a ‘soft’ triple lock. Savings will be low in early years, but £15bn in 2040 and more than double that in 2050”. Steve Webb Continue reading
Posted in pensions
Tagged long term care, New Triple Lock, Old Triple Lock, state pension, triple lock
8 Comments
How do we afford long term care? Tuesday’s pre-budget coffee morning explores!
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. Continue reading
How do we afford long term care? Andy Burnham’s problem – Tuesday morning’s answer!
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. Continue reading
How do we afford long term care? Tuesday’s pre-budget coffee morning explores!
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. Continue reading
Frustration as “care” gets kicked like a can down the road.
Social care is a problem that doesn’t go away, just because we ignore it. Thanks To Charles Tallack for this important thread. Overdue 🧵on social care charging reform. It’s been more than 2 weeks since the govt announced delay, but … Continue reading
Who’ll pay for my long term care?
It seems the Government are intent on increasing national insurance by 1-1.25% to pay for the cost of long term care for those in the UK in later years. The cost of this to the average person is substantial Assuming … Continue reading
Why planning for “care” is everyone’s business
Whether we are carers or ‘cared for’, we are likely to be involved in caring in the future. Of course the pandemic has highlighted the under-funding of residential care homes and the lack of support given to many home carers, … Continue reading
Posted in advice gap, Change, pensions
Tagged CARE, financial planning, L&G, Legal and General, long term care
2 Comments
Why we’ve failed to build a national care service
Sage seem to consider the major problem in care homes the impact it is having on the R number. At least that is how it is being reported. Sage member Professor John Edmunds told the FT Covid-19 infections in hospitals … Continue reading
Posted in actuaries, advice gap, coronavirus, pensions
Tagged CARE, Care Homes, Covid-19, long term care, NHS, Social care
2 Comments
Do we long-term care?
There’s an elderly care crisis in the UK. Action must be taken now, or the country’s ability to look after elderly people will collapse by 2029. Our report with @cebr_uk looks at why this has happened, and what we can … Continue reading
Posted in actuaries, advice gap, age wage, annuity, Consolation, pensions
Tagged Aviva, Care annuity, Irwinn Mitchell, Just, Legal & General, long term care, pension annuity, pensions
4 Comments
The problems of old age didn’t “go away in May”.
Back in May, the Conservatives said they were going to do something about the problems Britain has with an ageing population and insufficient preparation for their extreme old age. Instead of introducing radical reform, as their manifesto promised, they backed … Continue reading
Posted in pensions
Tagged Centre for the Modern Family, Conservatives, cost of care, Jane Curtis, long term care, Social care, Theresa May
2 Comments
Yes - but particularly in terms of pensions we need to support existing employers and help them thrive and grow.…