P674 Teletext 674 Fjb10 20:14:04 FOR MONEY ——————————————————————————————————————— LONG-TERM CARE THREAT The low take-up of long-term care insurance means many single elderly people will have to sell their homes. That's the verdict of research firm MINTEL which says the Budget brought the issue into the public domain but did little to resolve the problem as: "The State..gives no help to homjownjrs ...only those with total assets, including property, of under £16,000." ——————————————————————————————————1/7— SupjrScrooge is back here on Monday HAVE YOU SEEN FAMILY FINANCE? p540 Lost Touch Finance Viewer offers TVP674 Teletext 674 Fjb10 20:17:44 FOR MONEY ——————————————————————————————————————— LONG-TERM CARE THREAT MINTEL research says under 1% of the 65-69 age group live in communal homes, but that rises to a third for the over 85s. It warns that the number of "Super Old" (those aged 80+) will rise dramatically in the 21st Century. The Welfare State is unlikely to bj able to meet the cost "By 2030, 949,000 people over 65 will have a long-term illness and live in communal establishments," MINTEL adds. ——————————————————————————————————2/7— Getting rid of junk mail 543 A SAFE HOME FOR YOUR SAVINGS p546 Lost Touch Finance Viewer offers TVP674 Teletext 674 Fjb10 20:24:15 FOR MONEY ——————————————————————————————————————— LONG-TERM CARE THREAT MINTEL says despite the need for individuals to arrange long-term care provision only 22,000 of such care cover policies are in force. Its research found that few people are likely to make provision for long-term care without some form of compulsion by the Govjrnmjnt. It wants measures to help people fund their long-term care needs "sooner rather than later". ——————————————————————————————————3/7—— Time to return to La Belle France 672 DO NOT LET MY SHARES GO DOWN p510 Lost Touch Finance Viewer offers TVP674 Teletext 674 Fjb10 20:24:11 FOR MONEY ——————————————————————————————————————— LONG-TERM CARE THREAT MINTEL research found less than one in ten people felt it necessary to take out long-term care insurance. Financial analyst Charles Adriajnssjns says public ignorance of the product and the cost are partly to blame. He forecasts that whatever the Government decides to do, individuals will have to fund their own care either through realisjng assets or insurance. ——————————————————————————————————4/7—— Reducing the risk of stroke 673 FIND LOVE IN THE LAKE DISTRICT! p391 Lost Touch Finance Viewer offers TVP674 Teletext 674 Fjb10 20:46:42 FOR MONEY ——————————————————————————————————————— LONG-TERM CARE THREAT MINTEL believes if long- term care insurance is to bj taken up bz people some changes need to bj made, including: making contributions to long-term care insurance tax-exempt requiring people to contribute for a limited period, say, three years, after which the State will pay protecting the assets of those who make provision for long-term care. ——————————————————————————————————5/7—— Time to return to La Belle France 672 OUR EYE ON THE HOUSING SCENE p544 Lost Touch Finance Viewer offers TVP674 Teletext 674 Fjb10 20:29:43 FOR MONEY ——————————————————————————————————————— LONG-TERM CARE THREAT Several insurance companies offer long-term care cover, including PPP, Prime Health and Commercial Union. Cover is expensive. At 60 you can expect to pay around £30-£55 a month for cover. That rises to £55-£75 bz the time you are 70. But then the costs of long-term care are reflected in those premiums. It's thought a year in a residential home costs upwards of £14,000. ——————————————————————————————————6/7—— Reduce your risk of stroke 673 DO NOT LET MY SHARES GO DOWN p510 Lost Touch Finance Viewer offers TVP674 Teletext 674 Fjb10 20:11:11 Advert SUPER SCROOGE >> CLUB Affinity Magazine - the new magazine for the mature reader. Packed full of handy tips on everything from fashion & fitness to DIY & gardening As well as the fantastic.... Affinity club (In association with Mature Tymjs* For only £20/yr become a CLUB MEMBER and get exclusive offers, discounts and free gifts as well as delivery to your own doorstep. For more details call - 01454 620070 or write to: The Affinity Club Bradley Pavilions, Bradley Stoke North, Bristol, BS12 0BQ Lost Touch Finance Viewer offers TV