Industry calls for mandatory advice in Care Bill

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Just Retirement has called on government to it make compulsory in the incoming Care and Support bill that local authorities refer care funders to regulated financial advisers.

Speaking at the Implementing a model for funding long term care event, hosted by Reform, Stephen Lowe, director at Just Retirement, said the government needed to put financial advice at the heart of the funding conversation. Chris Horlick, managing director of care at Partnership, and care and support minister Norman Lamb, were also behind the call for financial advice to play a prominent part in the increasing funding issue. Lowe said: "The Bill is going through the scrutiny phase so Norman Lamb could not say much. But he did suggest it was best and proper for care funders to be gett...

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