Chris Horlick on why financial advisers are missing out on providing long term care advice.
A survey of people aged over 50 years, conducted for Partnership by GfK NOP, found that only 4% of people would contact a financial adviser for long term care advice. This news will be of concern to financial advisers, and particularly for those struggling following the downturn in the investment advice arms of their businesses as a result of the recession. It is also a very sobering statistic given the significant numbers of people who are now entering residential care and are failing to receive properly qualified financial advice. Currently 130,000 people are entering residential car...
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