Annuity Bureau launches long-term care division

The Annuity Bureau launched a nw division of its group this called the Care Funding Bureau to help IFAs wanting to get to grips with long term care. Regulation of long term care is expected in February or March next year yet the Care Funding Bureau believes the lack of financial expertise in the field is 'frightening'. It says banks offer a limited range of products, yet are among the first port of call for people wanting advice on funding for long term care. Over a quarter of people aged over 65 will require care, says the group, but barely one in twenty has any idea of what the...