Continuing with the Retirement Planner breakfast briefing, Nick Tyler, chief executive of NHFA, explains his vision on the state of long-term care.
In the current market, there is still a lack of understanding on long-term care. We still get lots of people coming to us with questions about how long will their money last and how complicated the legislation surrounding care is. From my point of view, we need to be able to give them advice on how to best look after their capital as well as on the legislation surrounding care. If anybody has experienced a relative going into care, you will know and understand there are two different rates for care yet you receive the same quality. If I pay for my care privately, I may be in a r...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes