Securing the future

Professional Adviser
clock

Industry consenus would tell you that the long term care market is almost completely redundant. However, the need for cover is still acute, argues Nicky Cave

Many say the long term care (LTC) market is beyond resurrection, but how can it be? After all, a recent Help the Aged survey of 942 adults showed that almost two thirds of 45 to 65-year-olds have made no provision for future care. Over half were planning to cover care-home costs with their basic state pension, and the same number thought their personal savings would cover the cost. True cost However, when the true cost of care is explained to them, and they realise what little state support is going to be available, they would want to readjust their expectations and make some provision ...

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

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Multi-Asset and MPS Roadshow: Last chance to join PA in Harrogate or Warrington

Multi-Asset and MPS Roadshow: Last chance to join PA in Harrogate or Warrington

Hear from Aberdeen, Aviva Investors, Clever, Downing, Fidelity, Quilter Cheviot, Rathbones

Professional Adviser
clock 08 September 2026 • 1 min read
PA Awards 2027: Submit your entries by 18 September

PA Awards 2027: Submit your entries by 18 September

The 22nd Professional Adviser Awards will take place in London next March

Professional Adviser
clock 04 September 2026 • 1 min read
Two including former police officer charged in connection with £720,000 investment fraud

Two including former police officer charged in connection with £720,000 investment fraud

Due to appear at Westminster Magistrates’ Court

Sophia Panayi
clock 04 June 2026 • 1 min read