Sue Elliott looks at recent developments in long-term care and asks what happens now.
Retirement Planner’s survey into long-term care (May 2011) didn’t present a pretty picture. Almost half of advisers thought current products were ‘not fit for purpose’. Other concerns included the maze of rules, too little access to specialist support and a refusal by many clients to face harsh reality. One respondent called it ‘a difficult and emotional topic’ for clients but that could equally apply to how many politicians seem to view the issue as well. However, after many years of confusion and dissatisfaction, we could now be on the brink of a major breakthrough. In July, ...
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