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CONTACT DETAILS
Oakwood Financial Planning
Temple Court, Cathedral Road,
Cardiff, CF11 9HA
- info@oakwoodfp.co.uk
- Tel: 0845 4661200
- Fax: 0845 4661900
Our normal opening hours are 9.00am to 5.30pm
Monday to Friday.
Oakwood Financial Planning looks
forward to hearing from you.
Financial News
Long Term Care Planning
Long Term Care Insurance provides a planned way of paying for the cost of any long-term care a person may need immediately or in the future. Through either a lump sum payment in advance or regular premiums people can buy insurance to cover the cost of care in their own home, a residential or nursing home. It is usually intended to bridge the gap between a person's income and the cost of care, rather than to meet the full cost.
Local authorities mean test individuals and if an elderly person has more than about £18,000 in assets they will get no help towards fees.
Another reason to think about this area of financial planning is that you may wish to protect your assets for future generations.
Would you like more information?
Oakwood Financial Planning is authorised and regulated by the Financial Services Authority.
The Financial Services Authority does not regulate tax advice and cash deposits.