Advising older clients: key considerations around later life

In this IIL financial services lecture Tish Hanifan talked about why later life financial planning is increasingly important as larger percentage of the population is now over 80 years old.

Tish examined the impact of longevity on financial advice. She reminded members of the definition of vulnerable clients and illustrated the prevalence of Dementia in the 60-90+ population.

She looked at the effect of this demographic on financial planning and products.

Tish gave an overview of the current government position on social care funding and the key issues for financial advisers. She looked at the ways to fund care and the important rules designed to prevent deliberate deprivation of assets.

By the end of this lecture members would have gained an insight into:

• The different ways to pay for care and its impact on clients
• Some of the situations in which care funding issues might need to be addressed and the financial considerations that cause client concerns
• The desirable adviser 'technical' skills for the Later Life market

Chair:
Robert Wyatt, Chartered Champion for London PFS and IIL Committee Member.

CPD events are open to CII and PFS members
Registration closes at 12pm two working days before the event date
For events held in The Old Library, Lloyd's pass holders may also attend and do not need to register
Original Photo ID (Driving Licence, Passport, Work ID with company logo and full name) is required to gain entry to all venues

Conditions:

• Email confirmations and original photo ID must be produced to security staff at the lecture venue
• Attendance confirmations are non-transferable to any other person or lecture
• All venues have limited capacity and registration and/or a Lloyd's pass does not guarantee admission

Please let us know what we can do to make our events fully accessible to you.

Contact:
Please contact Patricia Pedraza (07463 028327) with any queries regarding the CPD events programme.