Long term care specialist, Owain Wright , talks to Angela Faherty about the growth potential in the market and the need to implement change
Owain Wright has been working in the long term care (LTC) market for several years. As head of specialist advisory firm, The Care Funding Bureau, Wright has high hopes the market will begin gaining some headway in the near future. Recently, the LTC market has virtually ground to a halt. While the immediate needs annuity side of the business has grown, sales of pre-funded policies have been at an all-time low and some industry commentators have begun to question the future of the sector. But Wright is confident the LTC sector has strong growth potential. "There will always be a need for...
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