Cameron: Pensioners who splurge pots will fund own long-term care

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Retirees who withdraw their pension pots in one lump sum could end up paying for their own long-term care, Prime Minister David Cameron has suggested.

During a speech in Brighton earlier this week, Cameron eased concerns that retirees would spend all their savings under looser drawdown rules announced in the Budget (PP Online, 19 March) and still...

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