Obtaining professional guidance to navigate the care system and securing great care at the best possible cost will become increasingly important for families who want the best for their loved ones.
The value of advice
Only 5 per cent of the UK population are older than 75 and will remember what it was like having to deal with inflation back in the 1970s.
Most financial advisers were still at school and many had not even been born.
The experience of the client coupled with the expertise of the adviser makes for a good partnership, but meeting the challenge of inflation requires product providers to support them with solutions that can provide sufficient growth, income, accessibility, tax efficiency and access to professional services in specialist areas such as care.
Simon Harryman is senior business development director at Ingenious
