May 19, 2020
One of the four Insurance Companies that we work with has introduced a temporary money back guarantee feature on its Care Fees Annuity product. They will return 100% of the plan purchase price (less any income already paid out to the Care Provider) if death occurs within 12 months of the policy start date. This will apply whether the death is COVID-19 related or due to any other cause. Read more here.
April 6, 2020
For the tenth year running there has been no change to the upper capital limit for Local Authority means testing in England and it remains at £23,250.
The lower rate of Attendance Allowance has increased to £59.70 per week whilst the higher rate is now £89.15 per week, an increase of 1.7% for both rates.
January 14, 2020
This article from National Friendly reminds readers that despite Government inaction in respect of reform of the social care funding system, individuals can ‘cap’ their own fees using a Care Fees Annuity.
Read here: National Friendly Article
August 29, 2019
The Care Fees Annuity market has, for many years, consisted of products offered by only two Insurance Companies. However, our Managing Director has been working for the last 18 months with two other Companies to launch their own versions.
We are delighted to say that we can now offer four Care Fees Annity quotes – double the number available through any other Independent Financial Adviser and, as the price of these plans can vary by thousands of pounds from Insurer to Insurer, this is a very…
April 10, 2019
For the ninth year running there has been no change to the upper capital limit for Local Authority means testing in England and it remains at £23,250.
The lower rate of Attendance Allowance has increased to £58.70 per week whilst the higher rate is now £87.65 per week, an increase of 2.4% for both rates.
The Funded Nursing Care contribution has increased by 4.7% to £165.56 per week (payable directly to the Care Provider not usually to the individual).
October 3, 2018
Our first ‘gold bar’ from the prestigious Health Insurance Awards was won back in 2003 – 15 years later, Michael Hastings, one of our SOLLA accredited advisers has been shortlisted and we wish him lots of luck for the final in a couple of weeks’ time.
June 18, 2018
If you, like us, were expecting to read a Green Paper on Social Care in the next few weeks, Jeremy Hunt announced this afternoon “we now intend to publish the social care Green Paper in the autumn around the same time as the NHS plan“.
Keep on watching this space!
March 6, 2018
Some people with dementia are eligible for a discount on their council tax bill. Sometimes the people who care for them are eligible for a discount too. Take a look at this factsheet produced by the Alzheimer’s Society.
February 2, 2018
If you did this between 1st April 2013 and 31st March 2017, you may be entitled to claim a refund.
Find our how here.
January 15, 2018
The Local Government and Social Care Ombudsman found Lincolnshire Council did not tell a man’s family about the options available when he was placed in a care home.
The family had to pay a ‘top-up’ fee when the council should have offered them the choice of a home which did not require the additional amount