It comes as Prime Minister Andy Burnham launched a new attempt to fix social care in a speech on Wednesday. In the past Burnham has floated the idea of a 10 per cent 'death tax' on all estates to fund the social care system. The Prime Minister held initial talks with the Tories and Lib Dems on Wednesday. Snowballing care home fees can wipe out assets'It is encouraging that the Prime Minister is determined to grasp the nettle of the provision and funding of social care,' says Lucie Spencer, a partner at wealth manager Evelyn Partners. Independent health think-tank the Nuffield Trust said: 'The Prime Minister is absolutely right to try to call the country and political parties together in a conversation about social care.