• PENSIONSANDSAVINGS.COM

    From Ros Altmann:economist and pensions,
    investment and retirement policy expert

  • pensionsandsavings.com

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    Category: Paying for Care

    Care crisis demands urgent action – savings incentives would help families prepare

    Care crisis demands urgent action – savings incentives would help families prepare

    Yet another report highlighting the scale of the social care crisis.  The research by NFU Mutual shows that older generations are increasingly facing crippling care costs in later life that they have not prepared for.  Families are finding that their lifetime savings are at risk if they become ill in the wrong way.  Those who have cancer or other illnesses that qualify for NHS treatment will have all their care covered by taxpayers.  Those unlucky enough to develop dementia or…

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    Pensions are not the best way to save for care

    Pensions are not the best way to save for care

      Pensions are not the best way to save for care –  we all hope to need a pension but only one in four will need care Most wont reach the cap and will pay for all their care – that may be socially necessary but we need to prepare for it Cap won’t cover all the costs and deferred payment plans should be provided for home care too, to avoid expensive equity release As the Government unveils its consultation…

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