We’ve known about the ageing population in the UK for many decades. As families have spread geographically, and community and state support has reduced, more responsibility is being placed on the individual to look after themselves in later life. This provides us with an opportunity to help our clients ensure they identify the best way of funding the potential costs of their future care.
By providing financial certainty, and coupled with the right advice, care funding plans can have a major role to play in reducing the worries that older people and their families may face. In exchange for a one-off payment, Care Plans provide an income for life. This can help safeguard our clients against running out of money and, importantly, not being able to afford to pay for their care needs in the future.