Long-term care training and support specialist IFA Care is extending its brief to become an organisation for advisers focusing on retired clients.
Chairman Graham Fidoe said at the firm's annual conference last week that its education programme has been looking at issues such as inheritance tax planning, legal issues, equity release as well as income in retirement and annuities, all of which it will now encompass in its brief.
He says it will be the first organisation specialising in services for retirement-focused advisers but says long-term care funding is still central as it continues to cause concern for thousands of families.
Fidoe says: “We believe that by focusing on this area we can develop best practice and continue to benchmark competence and achieve excellence as we have endeavoured to do in recent years in the long-term care market.”
Care Funding Bureau head Owain Wright says: “Long-term care is quite a small market and if you want to grow IFA Care, you would have to try to expand it.”