How one financial planner is tackling later life care advice

In an interview with Professional Adviser, planning boss Melley shared that he thinks more advisers should be looking at offering later life care services to clients. In October 2023, Just Group found that nearly all advisers said that care forms part of their planning conversations with clients. Nevertheless, there are not enough financial planning or advice firms offering later life care services, according to Melley. "It requires niche advice, but it's just an extension of somebody's retirement because in all probability, they will live a long time," he said. With people living ...