Long Term Care
Around a third of Britons do not know how they will finance later life costs for themselves or a relative, according to new research.
Getting financial advice on long-term care (LTC) is a welcome part of the latest Care Bill, however, it is not essential that advice is independent, trade body Symponia has said.
Local authorities must provide care funders with information helping them to access independent financial advice, the revised Care Bill has stipulated, though concerns have emerged surrounding councils' definition of 'independent'.
A casual observer could be forgiven for imagining that there was significant political momentum towards the delivery of a care funding solution. Jim Boyd is a believer.
Prudential product technical manager Gerry Brown on why there are plenty of product solutions for clients’ long-term care needs.
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