I laughed when I read this article http://www.moneymarketing.co.uk/regulation/wheatley-sees-equity-release-role-in-meeting-ltc-costs/1048045.article with the welfare state in retreat and an enormous savings gap, in a few years’ time people will have used up their home equity to finance the first half of their retirement. Long Term Care in my opinion cannot find a private sector solution. It does require Government regulation and intervention. I predict this matter will come up the political agenda over the next few years.rnrnThis information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action.rn
