Independent financial advice
Independent financial advice
If you have savings, property, investments or other assets, it’s important to make sure your money goes as far as possible and allows you to plan and make choices for your care and support in the future. We recommend that you get independent financial advice, including professional financial advice.
There are different organisations and services that can give you general financial advice, including local and national charities. There are also professional independent financial advisers that are regulated by the Financial Conduct Authority (FCA), the official regulator of financial services in the UK. The FCA keeps a list of these advisers.
What type of adviser do you need?
Some professional advisers specialise in advice about funding care, and they must have passed a specific qualification to do this. These are sometimes called ‘specialist care fees advisers’. When choosing an adviser, you will want to be sure:
- They are qualified and experienced in the type of advice you need
- How the advice is paid for (e.g. you might pay the adviser, they might receive commission, or a mix of the two)
- What the cost is and what’s included in the cost
- That you fully understand the terms of any agreement with the adviser
Find out more from the organisations and services below.
6 Records in Independent financial advice filtered by Client group "older people".
Age UK (national charity)
Age UK, Tavis House, 1-6 Tavistock Square, London, WC1H 9NA
Telephone: 0800 678 1174 (advice line)
Description: Age UK is a national charity that aims to improve later life for everyone through information and advice, campaigns, products, training and research.
Age UK Wandsworth
549 - 551 Old York Road, Wandsworth, London, SW18 1TQ
Telephone: 020 8877 8940
Description: Age UK Wandsworth is an independent local charity which offers advice, information and services for people aged 60-plus throughout the London Borough of Wandsworth.
FirstStop Care Advice
Telephone: 0800 377 7070
Description: FirstStop is an independent, free service providing advice and information for older people, their families and carers about housing and care options in later life.
18 Avonmore Road, London, W14 8RR
Telephone: Freephone line on 0800 319 6789 - Monday to Friday 8am to 8pm, Weekends and bank holidays 9am to 5pm
Description: Older people’s charity, Independent Age provides free information and advice for older people and their families on care and support, money and benefits and health and mobility, along with friendship services to relieve loneliness.
Relatives and Residents Association
The Relatives & Residents Association, 1 The Ivories, 6-18 Northampton Street, London, N1 2HY
Telephone: 020 7359 8136 (Monday - Friday 9:30 - 4:30pm)
Description: This association supports people by giving them the information and guidance they need to make confident and informed choices – whether about choosing a care home, paying for care, adjusting to being in care, or complaining about the quality of care they, or a relative or friend, are receiving.
Society of Later Life Advisers (SOLLA)
Telephone: 0333 2020 454
Description: SOLLA is a not-for-profit organisation that helps people who are seeking advice in later life - it maintains a list of accredited advisers that specialise in later life financial advice.