Partnership has applauded the Society of Later life Advisers' decision to widen its membership base.
Society of Later Life Advisers (SOLLA) has taken a 'strategic decision' to accept all advisers who achieve the Later Life Adviser Accreditation [LLAA] as members, including independent and restricted advisers.
Partnership said the move would aid the estimated 40% of self-funders in residential care who would benefit from a financial product to protect assets.
Chris Horlick, managing director of care at Partnership, said: "We are delighted that SOLLA has decided to broaden its membership.
"Making the decision to go into care or to put a relative into a care home can be a hugely emotive and difficult one. Therefore, we are also pleased that all new members will be expected to adhere to the SOLLA code of practice as well as the organisations values and ethos."
