online

Care in later life: incentives to use assets to pay for care

The Pensions Policy Institute (PPI) has published ‘Care in later life: incentives to use assets to pay for care’ sponsored by The Association of British Insurers (ABI).

Most people are unprepared for the possibility of a social care financial time bomb, according to the latest ABI research. At the same time, separate new analysis shows that over a third of the population could benefit from incentivising ways of self-funding care, for example through tax exemptions. The ABI is calling on the Government to urgently publish the social care Green Paper and consider how to target interventions for self-funders to help solve the social care funding crisis.

If you’re not a client, to read this content you must sign up for a free guest account

Clients of threesixty are kept up to speed with the latest regulatory, industry and technical developments via our regular news and opinions articles.

As well as being updated via the articles we publish to threesixty online, clients can specify to us what type of articles they want to receive (by category) and how frequently they receive them.

To try this service, simply register your details with us and we'll give you 3 months free and unlimited access to our news and opinions.