It's Tory manifesto launch day and one of the headline items is reportedly a big shakeup for social care funding.

Theresa May is set to change the means testing threshold, not only increasing it but bringing more assets into its scope.

The threshold will rise from £23,250 to £100,000, which (at face value) looks like a positive move that would result in fewer people paying for their own social care.

However, this new higher threshold is also expected to bring into scope the value of property, which is currently excluded from the means test in many circumstances.

It appears that May and the Conservatives are rejecting the overall cap on care costs, originally proposed by Sir Andrew Dilnot.

Another social care funding promise reported to be within the manifesto is that no-one will have to sell their home during their lifetime, in order to fund residential care or care in home.

This is only a new pledge in part; for people receiving residential care, there is already legislation to guarantee the availability of a deferred payment agreement, provided by the local authority who then reclaim the amount paid on the subsequent death of the resident, by selling their home.

For those receiving care in their own home, extending these deferred payment agreements is a welcome move, although will increase the financial burden on cash-strapped local authorities.

Some of these changes will be funded by means testing some pensioner benefits, including the winter fuel payment.