Paying for care is a challenge facing an increasing number of people – and it is a complicated maze to negotiate. The Orders of St John Care Trust (OSJCT), one of the UK’s largest not for profit care providers for older people, is pro-actively supporting prospective residents and their families to obtain helpful information and advice about funding for long term care.
Taking the right advice at the right time can prove invaluable to people who might be baffled by the complexities of paying for their care in later life. This is particularly true in the current economic environment, with the pressures confronting public social care funding never far from the media headlines.
OSJCT recognises the complex financial challenges many people face at what can be a very difficult time. For this reason they have recently produced a new customer information guide ‘Paying for Care’, in conjunction with the Society of Later Life Advisers (SOLLA), which provides useful information on funding full-time residential and nursing care. It also has details of other charitable organisations that can provide free, impartial advice, such as AgeUK, FirstStop Advice and The Relatives & Residents Association.
SOLLA, a not for profit organisation, promotes comprehensive independent professional financial advice for older people and their families and will help people find financial advisers who have been awarded the Later Life Adviser Accreditation. These advisers are specialists in care fees financial planning. They follow a strict code of conduct and can offer advice on a wide range of options.
Jane Finnerty, Joint Chair of SOLLA, said: “Care funding can be confusing and stressful which means residents and families need careful and considered advice to understand their options. SOLLA accredited advisers can provide this, and bring peace of mind to individuals by helping them to use their assets in the best way when funding their care.”
Kevin Hall, Operations Director, OSJCT, commented: “Long term care fees represent a significant investment and commitment so it’s important that those self-funding their care get independent, specialist advice. We believe that SOLLA members are well placed to provide this advice to prospective residents and their families and we’re pleased to be able to provide some constructive and helpful guidance for people at what can be a time of difficult, but very important decision-making.”
Visit www.osjct.co.uk to find out more and download the guide ‘Paying for Care’
For further information, please contact Janis Tunaley, Communications Manager, on 01522 813103 or via email@example.com.
OSJCT is entirely independent of SOLLA. Although it is an affiliate member, OSJCT does not receive any commission or income from SOLLA or their accredited advisers, nor does it provide any warranty over any advice and information SOLLA members provide.