Long Term Care
Experts have called for a tax break on pension withdrawals to help fund LTC. But is such an intervention feasible and a good idea?
In this week’s quick fire RP poll we ask readers: Will the DWP’s YouTube channel - PensionsTube - actually boost understanding?
Only a third of advisers are currently qualified to provide long term care advice despite growing interest from advisers in the area, the Association of Professional Financial Advisers (APFA) has found.
Other Long Term Care articles
In this week’s quick fire RP poll we ask RP readers: Should withdrawals from pension pots to fund long-term care costs be made tax free?
In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.
Pensions experts have called for the government to help savers access their pensions tax-free to fund long-term care.
Recently launched Family Building Society has linked with Chase de Vere and Key Retirement Solutions for later life planning referrals.
Only 13% of over 45s would consider seeking help from a financial adviser with their care funding, despite more than half stating they are confused by the subject, according to research.
The ABI and Department of Health are working together to help grow the LTC market. The need is there, but when is the right time to start talking to clients about care costs?
New initiatives around funding long-term care will likely benefit only high-net worth consumers, while less wealthy people will still end up selling their homes to fund care, Zurich has suggested.
Pensions provider Just Retirement has launched an ‘immediate needs' annuity for people facing long-term care costs.
In October Symponia launched its Legal Academy to help foster strong working relationships between advisers and solicitors operating in the later life market. Helen Morrissey talks to joint managing director Jeremy Davies about his plans for the Academy.
The Association of British Insurers (ABI) and Department of Health have signed a ‘statement of intent’ focusing on the future development of the long-term care market.
The shadow minister for care and older people Liz Kendall has warned of a ‘misinformation scandal' in the delivery of long-term care advice.
Advisers have stressed they are keen to become more involved in long-term care (LTC) advice, with a desire to be included in council referral lists, the Association of Professional Financial Advisers (APFA) says.
Pensioners could have to pay out £150,000 on long-term care before the government will step in, according to the Labour party.
An IFA has joined forces with a care provider to provide an independent advice service for those seeking home care.
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