Relatively untapped by advisers, the care market is set to become more significant and lucrative. Chris Horlick, managing director of care at Partnership, explores the opportunities.
Although the topic of care has moved up the agenda in recent years due to the increasing number of older people and, more recently, the Care Bill, I am prepared to admit it is perhaps not the sexiest segment of financial services. However, it does offer peace of mind to customers and a potential new business opportunity to advisers who are navigating their way through the aftermath of the Retail Distribution Review (RDR). How big could the sector be? The 2011 Census revealed that nearly ten million people are over the age of 65, which is a significant percentage when the population ...
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