View more on these topics

Ex-minister Burstow says Treasury could scupper Dilnot reforms

Treasury 480

Former care services minister Paul Burstow has blasted the Treasury for being an “obstacle” to long-term care reforms.

Writing in the Telegraph last week, Sutton and Cheam MP Burstow, who was replaced by Norman Lamb in this month’s ministerial reshuffle, says the Treasury has no “sense of urgency” and may abandon reforms.

Andrew Dilnot’s long-term care report, published in July last year, calls for a £35,000 cap on individuals’ lifetime contributions to long-term care costs. Any cost above this level would be met by the Government.

Prime minister David Cameron backed the principle of a cap over the summer but expressed concern over the £1.7bn annual price tag. Last week, Lamb said there was “no rush” to implement the reforms sparking fear of delays.

Burstow says: “It is still far from certain that the coalition has the political will to grasp this historic opportunity.

“Why, despite the signs the prime minister had changed his mind over the summer, could the coalition fail? Answer: HM Treasury.

“The Treasury’s view is simple, kick the can down the road despite our rising elderly population. There is no sense of urgency. No recognition that left unreformed there is no incentive for families to plan and prepare.

“In the view of mandarins there is no need for change, and certainly not yet.”

Burstow also claimed a voluntary individual contribution cap was under Government discussion meaning that for a fee, people could opt-in.

A Treasury spokesman says: “This is absolute rubbish. Unlike the previous Government the Treasury has been key in getting this issue back on the agenda.”

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com