eprivateclient: Lynne Rowland’s article “The future of care funding in the UK: Now is the time to be bold”

The UK government’s extraordinary financial support to businesses and the self-employed during the Covid-19 crisis has highlighted the precarious position of the UK care industry. Radical change must follow challenging debate about the cost of providing the service that everyone needs. There needs to be better provision for care in later life. The government should incentivise saving by individuals, rather than be the provider of last resort when assets fall below a certain level. It is unfair on those who have made adequate financial provision to have to support those who have not.

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