Square One Financial Planning has developed a service to advise clients on their options around long-term care funding.
The service, to be run out of Square One's Sussex-based offices will be called Caresure. It aims to assist the increasing number of individuals and families self-funding their own long-term care. Advisers offering the service will present clients with all six options for paying for care - a deferred payment scheme, renting out property, equity release, using cash, investments, and buying a lifetime income. John Kelly, a Caresure partner and financial adviser, said: "Unfortunately there are many who still believe they can rely on the state to fund their care requirements. "Much...
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