Thursday, September 4, 2008
Now Blunkett tells us work until we drop and use equity release to fund your own long term care
Older people should be prepared to work after they reach retirement age for as long as they are physically able to, former cabinet minister David Blunkett said today. Blunkett said that as the number of older Britons continues to rise, it was wrong to assume that the government should have "prime responsibility" for elderly care. Blunkett disputed the government's admission of a £6bn "black hole" in funding elderly care and called for more older people to use equity release schemes to fund their care.