Later life advice model needs to change - FSE panel

Financial Services Expo Midlands

Victoria McKeever
clock • 2 min read

The later life advice model needs to change, according to a panel at the Financial Services Expo Midlands (FSE), which said advisers need to be more "holistic" in their offering.

Age Partnership head of partnerships Adam Carnall said later life advice was increasingly being delivered in silos, with advisers opting to be either later life lending or equity release or pension or long-term care specialists, rather than providing an all-encompassing service. In order to be able to take advantage of growing opportunities in the sector, this approach will need to change, the panel agreed at the event on 2 November. Hodge Lifetime business development director Steve Cox said both regulation and market factors had pushed advisers down this route.  "Ironically, regu...

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