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Care Funding Advice Line: 0800 043 4036
The
Care Funding Advisory Process
The advisory service
is relatively simple for most clients and potential
clients. It generally involves:-
-
An initial meeting in which
your financial needs and our business terms are discussed. This moves
on to a full fact-finding
meeting if you are happy to proceed, or this can be effected at another
time.
-
Research, including
assessments, calculations and searches for the right financial products
and
providers to meet your assessed needs.
-
Report preparation, including our recommendations, their reasons
and details, and the relevant and required information from
the providers we recommend. This is posted on to you.
-
A time for you to read
and reflect on the report and information.
-
A second meeting to discuss the report, finetune or complete
any paperwork if you wish to proceed immediately (which is
unusual at this stage), or:
-
A further time to
reflect if you wish it, and to fine-tune
our recommendations if needed.
-
A third meeting to discuss again, finetune, or proceed with
our recommendations if they are acceptable and you are ready,
and so on...
-
Once plans are in place, we are on hand to service them for
you, and to review them for and with you for the lifetime of
the person in care.
Aside from the issues involved, care fees advice usually
involves a longer procedure than most other types of financial
advice.
Non care advice often takes 2 - 3 meetings, whereas care
fees advice can take many more meetings until the final
plan is
agreed and circumstances are such that it can be put in place.
We stay with you for as long as it takes. However, this being
said, if a case needs immediate or imminent funding, we can
usually pull out all the stops to get it through as quickly
as possible.
If there are existing financial plans
and products in place, they should be reviewed by
and transferred to the agency of
our adviser so that information can be
received on them directly, you can be advised on
them more efficiently and your finances
can be dealt with holistically.
20/04/08 Revision [top]
Notes & Disclaimers
- Guides (which includes all information, data and views expressed) on this site are brief introductions, as such they cannot be relied upon: full
research needs to be conducted or professional advice sought
before investment and financial decisions are made.
- In the case of new investments,
pensions, insurances or mortgages, literature from the
investment provider needs to be read and understood: including product guides, key features and illustrations, which give details of product aims, benefits, risks, commitment needed, charges and commissions, before financial decisions are made and action taken.
- Guides published on this site
express the opinions of the authors which may not always
concur with our own if from other organisations.
- Guides are published by the permission
of the authors and/or copyright holders.
- You will be leaving our website to access some of the above.
We may not always concur with data and opinions expressed
and are not liable for the content.
- Your home is at risk if you do
not keep up repayments on a mortgage or other loan
secured upon it, this can include some forms of equity
release.
The FSA do not regulate some types of mortgage.
- Past performance is not an indication
of future returns.
- The price of bonds, properties
and shares, income from them and investments in them can
rise and fall.
- Investments in bonds, property
and shares should be deemed mid to long term, meaning at
least five years. Early surrender increases the risk of
the investor receiving back less than invested.
- Investments in capital protected
funds are only as good as the ability of the investment
provider and/or any guarantors to meet their liabilities.
A default on their part may mean that the investor receives
back less than invested.
- Tax concessions and legislation
may change and reduce the benefits of investments.
03/01/07
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