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Govt minister calls for more financial advice on long-term care

New care services minister Norman Lamb says financial advice must be available to everyone considering long-term care for themselves or relatives.

Speaking at a Local Government Information Unit fringe event at the Liberal Democrat conference in Brighton this week, North Norfolk MP Lamb said advice is crucial to those seeking care.

He said: “So many who fund their own care, apart from having no information of what services are available, have no access to financial advice and guidance for how best to prepare for potentially catastrophic loss when a loved one ends up with some condition that requires intensive care and support.

“We must ensure everyone gets access to the advice and support they need.”

Long-term care is a hot political topic after former care services minister Paul Burstow last week claimed the Treasury is blocking reforms.

Andrew Dilnot’s plan for long-term care involves capping individuals’ lifetime contributions at £35,000. Any cost above this level would be met by Government.

In July, prime minister David Cameron accepted the principle of a cap but questioned how the Government might pay the estimated £1.7bn annual price tag.

Speaking at the conference, Lamb backed the Dilnot reforms and added: “There has to be an informed public debate about how it is funded at a time of enormous constraint on the public purse.

“My task is to ensure that in this parliament we settle this issue, give certainty to those who are sometimes petrified about the future and resolve it once and for all.”

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