Care Asset Management

In today's complex financial world, access to independent information, specialist guidance and reputable advice is crucial to making the most of your finances.

Care Asset Management operate throughout the UK with a dedicated team of care fee funding specialists and for over fifteen years, Care Asset Management have provided a bespoke and specialised service that helps the individual and their family through the minefield of funding long term care whilst protecting capital and assets.

In response to a care system which demands increasing self sufficiency, it has never been more important to obtain expert guidance on the funding options available.

Care Asset Management’s objective is to provide balanced advice which maximises state assistance, combats the threat of low interest rates, secures care costs and preserves the longer term inheritance position.

What is the ‘Later Life Adviser Accreditation’?

For older clients many major life choices and financial decisions have to be made, very often impacting on the wider family. At this stage of planning there usually isn’t a second chance to rectify the outcomes of poor advice.

With an ever aging population the demand for impartial and holistic advice by older people and their families will increase. The key advice areas are for example; the de-cumulating of assets and savings in retirement, equity release (ER) and for some long term care (LTC). 

Despite regulation of Long Term Care advice, those advisers practising in the older client market are still not easily recognised by clients and their families. Specialist advisers and practitioners are keen to establish a way to provide clients with a clear signpost that differentiates the advice they receive.

As a result, the Financial Services Skills Council has launched a new scheme called the Later Life Adviser Accreditation. It aims to recognise advisers with the necessary empathetic skills to understand the needs of older clients and the specific issues which affect them.

Care Asset Management has been involved in the pilot phase of the scheme and having provided half of the successful candidates to date, are committed to seeing the later life accreditation become the benchmark for quality in advising older clients. All of our advisers are currently in the programme for accreditation.

The Later Life Adviser Accreditation (LLAA) has been shaped following consultation with consumer groups and those actively involved in advising in the older client market.The accreditation is awarded to individual advisers in recognition of demonstrating best practice, appropriate knowledge and older client care procedures.

The accreditation aims to help consumers find those professionals best able to guide them with an ever widening array of later life choices. It builds on existing skillsand develops knowledge gained through previous study and workplace experience.

Mark Oswell - your local adviser

For sixteen years Mark Oswell has specialised through Care Asset Management in providing independent advice on all the legal, tax, financial and investment issues that affect later life clients and especially those facing an elderly long term care need.

He is an endorsed later life adviser and a member of the recently formed Society of Later Life Advisers. Mark is also a member of the Chartered Insurance Institute and the Personal Finance Society and is a Fellow of the Chartered Institute of Banking.

He lives in Droitwich and can be contacted on 01299 851560 or by email on m.oswell@careasset.co.uk