Each year, 1.8 million people in the UK try to find a care home or care service, but only 600,000 people succeed, largely due to waiting lists and confusion around what type of care is necessary. But despite this high demand, 35% of all care workers in England – and 58% of home-care workers – are estimated to be on zero-hour contracts. Simply put, the care sector is fragmented, and with an ageing population, if something doesn’t change we’re soon going to run out of care services for those in need.
At Legal & General, we believe in building a better future – a future we can all look forward to. So in 2018 we invested in Care Sourcer, an online care marketplace, to re-build the sector so that it is fit for purpose for generations to come. The online platform compares care homes and services all over the UK, connecting the people looking for care with the people providing it, and closing the gap between the number of people who need care and those who receive it.