Symponia: independence not sole factor in LTC advice

The professional body for care fees planning advisers said it backed the government's decision to include financial advice in the Bill but urged caution on it being only from IFAs. Symponia joint founder and managing director Janet Davies said there was a clear need for regulated and highly qualified advice in the area. However, she added: "Symponia's view is that we should not get too hung up on the word ‘independent'. Yes, the term needs to be fully clarified but ‘independence' is not the sole key. Good advice is good advice, regardless of the authorisation of the adviser giving it....