Advisers must balance the need to provide the right advice with staying on the correct side of the risk and legal framework, writes Julie Darlington, director of regulation at 2plan Wealth Management.
By 2026, the number of the population over 65 with a dependency will rise by 53% and the number of those aged over 65 will rise from 8.17 million in 2007 to 11.59 million in 2026. These were just two striking statistics revealed by Sir Derek Wanless in his in-depth reviews of the UK’s care system. And after years of research on the topic, political parties are finally listening to the concerns which his 2002 social care report raised over the cost and increased demand for long-term health and social care for the elderly. The recent Government green paper, ‘Shaping the future of Care ...
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