Lack of LTC advice slammed

Contributors, at a Partnership sponsored seminar; ‘Care Solutions - minding the Gap, Providing for Self Payers' said the advice market in this sector had been allowed to stagnate. Norman Lamb MP, political adviser to the deputy prime minister, noted that 40% of those entering LTC were self payers, representing a market in excess of £4bn, and yet were abandoned by financial and advice markets. He said: "The compact with consumers is broken, through a decade of prevarication. There was a Royal commission in 1999 that called for action and yet this system has got worse. For most self fun...