The long-term care (LTC) sector will be "too niche" to benefit from an RDR-driven increase in specialist advisers, a long-term care specialist has said.
The Dilnot Commission's recommendations on long term care (LTC) are not the only course of action and the Government is being overly criticised in the run up to next month's White Paper on social care, Partnership has said.
Only 7% of those looking at long term care (LTC) would consider asking an IFA, with only banks considered less.
Draft legislation on reforming long-term care has been confirmed in the Queen's Speech.
While all Dilnot recommendations may not be possible to implement, failure to act on the issue of long term care is likely to be remembered by future generations and will be thought of as the Coalition's ‘elephant in the room', according to industry body...
Partnership has called for a greater promotion of equity release and annuities, as it finds 41% of over 45s would use property sales or rentals to fund care.
Partnership's managing director of care Chris Horlick told MPs that the long-term care debate has moved on, as he gave evidence at an independent committee on long-term funding.
The annual cost of long term care (LTC) in the UK is expected to rise from £26,000 per person per year to £33,000 by 2025.
Consumers remain confused about how they should best plan for their future care needs, the Actuarial Profession has concluded.
Our health and the health of our loved ones is by far the most important thing to us. If we were to turn the clock back a hundred years, sadly, not as much could be done to look after it. Prior to penicillin, almost no-one felt there was anything that...