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Care of the elderly news : June 2010

Private Healthcare UK keeps you up to date with the latest news and developments in private care of the elderly in the UK.

  • Most people know nothing about long-term care insurance Partnership AssuranceNew research from advisors partnership suggests that most people over 50 do not know that there are insurance products for funding long-term care. Half say they would sell their home to finance care...
  • Can Scotland afford free long-term care? The Scottish GovernmentThe Scottish government is being asked to re-examine Scotland's free personal care policy as it may be too expensive to maintain.
  • Over 50s drastically under-estimate the cost of long term care Partnership AssuranceThe Majority of people in the over 50s age group severely under estimate the cost of long-term care in older age, according to long term care funding specialist Partnership.
  • Understanding of Alzheimer's one step closer Alzheimer's Research TrustThe way in which memories are formed may have been uncovered by UK scientists, offering hope to people with Alzheimer's disease. Researchers at the University of Leicester believe they have...
  • 'No life outside of caring' for majority Princess Royal Trust for CarersThe majority of people who are caring for loved-ones have no life outside of this role, a study has suggested. Conducted by the Princess Royal Trust for Carers, the research found that 76 per cent of...
  • Dementia medication 'can prove unhelpful' dementiaProviding medication to sedate people with dementia can have a negative impact on the patient's health. This is according to Penny Hibbert, director of the Dementia Service Development Centre South...
  • Pension age will rise early retirementThe government is to speed up plans to raise the state pension age for men to 66, possibly by as early as 2016. Ministers will also raise the option of extending it further, perhaps to 70 and beyond...
  • Insurance premium tax to rise slightly tax riseInsurance premium tax (IPT) will rise from 5 to 6%, and the higher rate from 17.5 to 20 from 4 January 2011. Given recent speculation that the rate could have been increased to 10% rather than 6%...
  • Details of new financial regulation FSA - Financial Services AuthorityBy 2012 The Financial Services Authority (FSA) will cease to exist as a separate body. The FSA role on regulation will be taken over by a new Prudential Regulation Authority (PRA), which will operate...
  • FSA pays the price of failure FSA - Financial Services AuthorityThe Financial Services Authority (FSA) is to pay the price of its failings by being broken up. Addressing bankers at a Mansion House speech, Chancellor of the Exchequer George Osborne confirmed the...
  • New advice lines on care EquityCareEquityCare, specialist advisors on care and related finances, has launched advice services for older customers. The service includes several helplines and a range of free fact sheets on how care can...