As the recent party conferences and Scottish referendum have proved, health and social care are at the centre of political attention – and will be crucial in general election campaigns. This is with good reason: we are in a period of challenges where health services are concerned. Many NHS trusts are already significantly in deficit, and the strain is beginning to show across the country.
Whatever their title, for millions of over-50s in Britain there is an unseen cost to life and their finances when they look after loved ones.
Research by Saga Personal Finance shows that nearly a fifth of Britain’s over-50s regularly care for an elderly loved one or friend, without financial reward, in their own home or at another location.