He said: “I am cynical about the decision to defer the reform. It indicates that the government does not want to address the cost of care and the challenges of an ageing society. It is becoming increasingly unaffordable for the NHS to meet the UK’s care needs so people will have to make further provisions for themselves.”
Mr Lowe said: “We will have another general election before then and whatever government elected in might choose to scrap the Act altogether.”
Myron Jobson is a features writer of Financial Adviser
Key Points
The population in the UK is ageing and, for many, the improved life expectancy means they will have to arrange provision for long-term care.
The first port of call when it comes to retirement planning is to arrange lasting power of attorney.
The Care Act is widely recognised as the most significant shake-up in social care law in England for over 60 years.
