Long term care: 7 myths and the reality

iStock_000016454287_ExtraSmallThe subject of paying for care in old age is never far from the headlines. As with most financial matters, some opinions are treated as fact and many are less than accurate. We’ve pulled together the top six myths about long term care and tried to explain the reality. Myth #1: “I’ll pay nothing for my care after the first £72,000.” Following the Dilnot Commission’s recommendations, the Government has proposed a ‘care cap’ of £72,000. However, this has led some people to mistakenly believe ...