A more caring approach

clock

Janet Davies discusses the issues advisers need to tackle when discussing the issue of long term care with clients

There are two distinctly different areas of care fees planning. One is the immediate side of things and the second covers younger people who wish to plan ahead. As they are so diverse, advisers must draw a thick black line between the two and while it is perfectly possible for the same adviser to operate in both areas each field does require a slightly altered approach. Starting with the immediate needs area, this is fundamentally where planning ahead is no longer possible. The client needs care now and they and/or their representatives need help with how the care fees can be paid indefini...

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 Long Term Care

Holistic care advice: Six causes of avoidable harm

Holistic care advice: Six causes of avoidable harm

Common issues when clients miss out on care advice

Jacqueline Berry
clock 17 April 2025 • 4 min read
Advisers urged to get ahead of care 'political football'

Advisers urged to get ahead of care 'political football'

‘Strong’ regulatory and commercial imperative to get to grips with care

Jen Frost
clock 19 February 2025 • 7 min read
Immediate needs annuities: Tackling the LTC conundrum

Immediate needs annuities: Tackling the LTC conundrum

The cost of the INA will be deducted from the estate

Mark Lisle
clock 06 December 2023 • 3 min read