Pensions  

Fraction of over 55s saving for later life care

Prime minister Theresa May’s predecessor, David Cameron, had promised to bring in an upper limit on the amount people must pay towards their own care, following recommendations of the Dilnot commission in 2011.

But Mrs May's government said a green paper on long-term reform would be published this summer instead.

Jeremy Hunt, secretary of state for Health and Social Care, then said in June the document won’t be published until the autumn.

Matt Hancock is now in charge of delivering this paper, as he has replaced Mr Hunt, who was appointed foreign secretary in June.

maria.espadinha@ft.com