Advisers face ‘difficult client conversations’ over cash gifts

The cost-of-living crisis is likely to increase the number of clients seeking to give lump sum cash gifts to adult children, financial advisers say.

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UK adults ‘underprepared for care home costs’

Research commissioned by Quilter Cheviot Investment Management has revealed the level of uncertainty among UK adults when it comes to saving for professional care for their parents or family members in later life.

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Elderly care costs underestimated by £317 a week

People in the UK are underestimating the cost of elderly nursing care homes by a total of £7bn each year, equivalent to £317 per week per person.

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1 in 4 middle-aged face difficult parent care decisions

Up to 28 per cent of consumers aged 45-65 may need to make a decision about putting their parents or parents-in-law into residential care, according to new research. Read more...