Protection watch...with Kevin Carr (Apr 2013)
PROTECTION Our resident protection detective, Kevin Carr, runs the rule over five developments in the last month…
View ArticleQueen's speech announces bill on social care
New legislation to reform the long-term care system has been set out in the Queen’s Speech.
View ArticleSocial care funding: 'a bleak outlook is getting bleaker’- ADASS
A squeeze on services for older people in the long-term care system has been revealed by a survey of social care budgets.
View ArticleCare Bill: concerns raised over councils' definition of 'IFA'
Local authorities must provide care funders with information helping them to access independent financial advice, the revised Care Bill has stipulated, though concerns have emerged surrounding...
View ArticleSymponia: independence not sole factor in LTC advice
Getting financial advice on long-term care (LTC) is a welcome part of the latest Care Bill, however, it is not essential that advice is independent, trade body Symponia has said.
View ArticleOne in three unsure about financing later life -NS&I
Around a third of Britons do not know how they will finance later life costs for themselves or a relative, according to new research.
View ArticleFind lasting peace of mind with a Lasting Power of Attorney
Mark Williams discusses the importance of putting Lasting Power of Attorney in place
View ArticleLEBC launches bespoke LTC advisory service
LEBC Group has developed an advisory service in order to help people plan for their long-term care needs.
View ArticleAdvisers dismiss Dilnot care cap as 'token gesture'
Most elderly people will be required to sell their homes in order to afford to fund care costs, according to care fees planning advisers.
View ArticleCare Bill: Referral to financial advice rejected in House of Lords
The government has rejected amendments to the Care Bill that would require councils to refer people with long-term care needs to regulated independent financial advisers.
View ArticleTax hikes predicted as population ages
The cost of dealing with the country’s ageing population will increase government spending by about 4% of GDP - or £61bn in today’s terms - by the 2060s, according to government projections.
View ArticleL&G warns on dangers of DIY retirement planning
Access to professional advice is "crucial" for people planning their retirement, given the current state of the state pension and long-term care system, delegates heard.
View ArticlePayingForCare.org launches care cap calculator
PayingForCare.org has launched a care cap calculator to help advisers and their clients make informed funding decisions.
View ArticleWhy LTC advice should be on your agenda
LTC Relatively untapped by advisers, the care market is set to become more significant and lucrative. Chris Horlick, managing director of care at Partnership, explores the opportunities.
View ArticlePolitical lobbying and LTC: What it means for advisers
LTC While political lobbying may have had some negative publicity of late, providers in the long-term care market are still working the halls of Westminster on advisers’ behalf.
View ArticleLTC: Is financial advice falling by the wayside?
In the latest development on the Care Bill, the clause compelling people with care needs to be referred to regulated financial advisers, was rejected. Fiona Murphy looks at the issues.
View ArticleOne million homes sold 'to fund care costs'
A quarter of Brits are relying on inheritance to fund their retirement yet do not realise that one million homes have been sold to pay for care fees in recent years, NFU Mutual has warned.
View ArticleNew hope for regulated advice amendment in Care Bill
An amendment to the Care Bill mandating local authorities to refer people approaching care to regulated financial advisers - a proposal originally thrown out by parliament - is to be re-submitted in...
View ArticleSOLLA to extend access to more care fee advisers
Society of Later Life Advisers (SOLLA) has taken a 'strategic decision' to accept all advisers who achieve the Later Life Adviser Accreditation (LLAA) as members.
View ArticleLTC: Adviser warns of local authority pressure and ‘false hope’
Labour's Lord Hunt was right to highlight the practical difficulties of asking local authorities to assess all self-funders as part of long-term care reforms, adviser firm LEBC Group has said.
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