Long-term provision

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Increasing longevity among the UK population has brought the issue of long term care into the spotlight. Graham Duffy highlights the need for well qualified advisers to work in this area to ensure clients make the right provisions for retirement

As Britain's population ages, an increasing number of families have to make very difficult decisions about their loved one's long-term care. According to our recent survey of over 2,000 people, more than a third (37%) of British adults over 50 have had to put a relative into residential care - a figure which will continue to grow in line with increasing life expectancy. Our research also showed, however, that an alarming proportion of people are not making informed decisions about care for their loved ones: 43% did not seek any advice when choosing between funding options for residential ...

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