Simon Chalk, director of LaterLiving, said: “Lord Warner is due to report on a recommended overhaul of the care funding system in July, with it being widely anticipated that he will suggest use of the home as a means of contributing towards spiralling care costs. With this in mind it will become essential for IFAs such as Eldercare involved in care fees planning to have an outlet for equity release advice. A working relationship between two of the best firms in the business will help ensure those receiving care at home are properly served.”
Nicky Cave, managing director of Eldercare, added: ““Eldercare is one of the leading specialists in care fees planning, so it is critical that any companies with whom we associate, enhance our reputation for client service. The use of the home in paying for care is one important consideration, so offering an equity release service is a natural extension to our offering. In referring to a leading specialist like LaterLiving, we are pleased to have a trusted source of additional expertise to help our clients.”
