Long-Term Care
We’re living longer, which means planning for the inevitabilities of later life is even more important. You may have already put pen to paper and carefully planned your retirement, but have you considered what might happen if you (or a loved one) are in need of long-term care?
No one, given a choice, would opt to spend all their money (saved over a lifetime) on care fees. However, with financial planning it may be possible to fund care, whilst also protecting as much of your wealth as possible so that some inheritance may be passed on.
There are pros and cons to all the funding solutions available, so it is essential to seek financial advice from a specialist adviser as early as possible to find the right solution to suit your individual needs. Whether you are concerned about saving for care home fees in the future, or facing the possibility of needing to pay these fees now, we can help you and your family with the options available.
This may involve a referral to Karehero, a comparison and care matching provider, whose services are separate and distinct to those offered by St. James's Place.
The Client Journey
Starting with identifying your goals and objectives, we’ll work with you to create and implement a bespoke plan.
Consumer Guide
The Financial Vulnerability Charter consumer guide provides more information.
Financial Vulnerability Charter
We are proud to have signed up for the Financial Vulnerability Taskforce Charter, a new initiative whose purpose is to promote greater understanding, encourage appropriate behaviours and establish good practices regarding consumer vulnerability.
Dealing with vulnerability in a professional manner starts with recognising the circumstances that are causing the vulnerability; and that can apply to all and can be temporary or permanent, hidden or obvious.
