Saga comments on Theresa May's announcement that a Conservative Government will consult on possible cap on social care costsMonday 22 May 2017
"Whilst it's true that some of the older generation have benefitted from the increase in house prices and strong pensions these same people have spent their lives working hard to build a nest egg for their families to inherit and to boost the transfer of wealth between the generations.
"The manifesto proposals risked undermining this savings mindset. Today’s announcement that the Conservatives plan not only to consult on social care but also to include a care-cap as part of that if they win the election on 8th June will be a relief to many families. Setting the cap at the right level will now be the key issue left outstanding."
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