Paying for care's best-kept secret: Exploring immediate care needs annuities

The plans offer much-needed peace of mind

clock • 5 min read

Jacqueline Berry continues her columns for Professional Adviser with a look at immediate care needs annuities…

As a care navigator helping people get the care they need, My Care Consultant often comes across a range of circumstances that people find themselves in when it comes to navigating the complexities of the UK's care systems and processes. Many are unique to them, but one they come across on a regular, almost routine day-to-day basis, concerns paying for care – namely running out of money and having to contemplate falling back on their local authority for future support. In some cases, they have come across several hundreds of thousands of pounds have already been spent, initially on do...

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