The route to giving long-term care advice

The recession has made life much tougher for professional financial advisers. Investors, spooked by the stock market’s gyrations, are sitting on their hands. So those who help others to invest have to look elsewhere for income. Owain Wright, head of care distribution development at Partnership, says: “Many financial advisers had their core advice areas decimated and so they have started to look at other areas.” One growth area that has long been neglected is the long-term care market. With the number of people aged 85 and over set to more than double by 2033, this is a market advisers...