In this IIL financial services webinar, Graham Duffy looks at ways that care might be funded and specifically at how to the ‘cap’ the cost and bring certainty to an uncertain situation.
The issue of social care has been debated for many years now, but there is still no resolution despite successive governments promising to deal with it. We are still waiting for confirmation of the so called ‘cap’ on care costs, the decision on which has been deferred until Autumn 2021. If a cap is introduced, it is important to understand how it will work in reality. The details of this process are covered in this session.