In it for the long term

Sound financial planning is vital for ensuring vulnerable older people make the right choices to afford them a financially secure later-life. Many older people, their families, and indeed many IFAs, are unaware of the solutions available for coping with different circumstances that arise in later-life, including the payment of care home fees. Clara Sykes entered into care in January 2009, several months after a road accident severely impaired her mobility.  Ninety-six years old, Clara had lived independently for nearly 30 years, often walking the three miles to the supermarket, carrying ...