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.
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.
The majority of the population is significantly overestimating the risk of needing long term care and want an alternative to residential care, according to research by Audley Retirement.
Integrating social care with general practices, community nurses, hospitals and social services can improve the quality of care for patients, a study by the Department of Health has found.
Care homes are struggling to provide quality care for residents with complex medical conditions, the Royal College of Nursing (RCN) has warned.
The Association of British Insurers (ABI) has called for regulatory changes on financial products in the long term care sector.
The Health Committee report on Social Care is making recommendations having failed to understand the technicalities behind the Dilnot Report, Partnership has said.
MPs on the Health Select Committee (HSC) have urged the government to stimulate the long term care (LTC) insurance market.
The government is expected to recommend a cap on long-term care (LTC) fees of between £50,000 and £60,000, according to a report.