UK surge in long term care rethink as 1.3m investors need urgent financial reviews

Mark Battersby
clock • 4 min read

The pandemic has prompted over-60s to rethink their long-term care plans, with research from Canada Life revealing 1.5 million over-60s who were previously open to care homes for themselves or family members now wouldn't consider it. Among those over 60 who would not consider care homes for themselves in the future, the most popular alternatives were: • Moving into assisted living accommodation (26%), an increase of 36% from 2020 • Downsizing to smaller, more manageable properties (24%), up 26% on last year • Paying for one-on-one care at home (22%), an increase of 57% from 2020. ...

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