The percentage of people who believe Prime Minister Boris Johnson will deliver a social care policy this Parliament halved this year, a new report has found.
The report by retirement specialist Just Group found that just 13% of voters believe the PM will deliver on his pledge, with an all-time high of 61% supporting a cap on care costs.
Additionally, the report revealed seven in 10 (69%) of parents over 45 had not factored in care costs they may potentially pay later in life when giving lump sums to their adult children.
Only one in 25 (4%) had made helping with any future care costs a condition of making the gift, while only about one in six (16%) were confident their children would be able to help pay for care in the future, with four in 10 (41%) saying they would not be able to help. Six in 10 (59%) of those making gifts were confident they could pay for their own care later in life.
“This is our ninth report since 2012 shining a light on the understanding and attitudes of over 45s towards adult social care and for this edition we shone a spotlight on the ‘Bank of Mum and Dad’ and ‘living inheritances’,” said Stephen Lowe, group communications director at Just Group.
“Despite people knowing future care costs could run into many thousands of pounds, it’s very rarely part of the discussion when handing over significant sums.”
Commenting on the report’s findings on public confidence in government social care policy, Mike Padgham, chair of the Independent Care Group (ICG), said: “As we have been promised reform time and time again without it being delivered, it is understandable that confidence is falling,” he said.
”Government after government, including this one, have reneged on promises to reform the sector and betrayed 1.5m people who currently can’t get the care they need and everyone else who will need care in the future.
“Mr Javid has promised ‘to look out’ for social care, well we have to hope that he does. We have to give him the benefit of the doubt, he has just taken on the role. He has a wonderful opportunity to make a fresh start and begin the process of social care reform where others have hesitated and faltered. We wait to see, but we cannot wait much longer.”