The means-testing capital limits for long term care are to increase from next month.
The changes, effective from April 12, mean the lower capital limit for local authority support in care homes in England is to rise from £12,000 to £12,250, with the higher limit rising from £19,500 to £20,000.
NHS weekly contributions towards nursing care costs in nursing homes are to increase, with the higher band increasing from £120 to £125 and the middle band rising from £75 to £77.50 but the lower band stays at £40.
Nursing Home Fees Agency principal Philip Spiers says: “IFAs have got to keep abreast of these new limits. These changes normally happen every April.”