Advisers and solicitors 'must unite' for LTC advice

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Symponia has launched its Legal Academy in a bid to unite financial advisers and lawyers in serving long term care clients.

The national body for care fee advisers said greater synergy between the financial advice and legal communities it vital in order to stay ahead of the rapidly changing social care landscape

Janet Davies, joint managing director of Symponia says: "The coalition has inadvertently created a legislative minefield for financial advisers; helping elderly clients has never been more complex or more challenging.

"At the same time, there has never been a more important time for clients to receive qualified and specialist advice on all aspects of care fees - whether it be trusts, powers of attorney, immediate care plans or younger clients wishing to plan ahead.

"Symponia has always recognised the critical role of solicitors in its offering. By working cohesively with other like-minded elderly client professionals, advisers can create an advantage by staying one step ahead of a market that is constantly evolving."

Symponia's next legal academy is planned for February 2014, in Manchester. The event is for members only; advisers interested in attending should contact Symponia.

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