News

We have had some recent very distressing cases where family members have contacted us for assistance, but unfortunately too late for us to help. This is mainly because an elderly relative has been in care for some years and their available capital has dwindled to close to the means test assistance levels.

Many people are under the impression that the local authority will just pick up the tab and pay the care fees. However this is not necessarily so. If for instance the care home fees are higher than the local authority’s maximum allowance, then the care provider could request a third party top up from the relatives. This can be as much as £100 - £200 per week; sometimes more. Very often this is not affordable and we have known instances where the elderly person has been asked to move to a cheaper care provider which can have disastrous consequences for well being and health.

In many instances this situation could have easily been avoided by family members contacting us at an earlier stage.

Capital Care Financial Services Ltd is authorised and regulated by the Financial Services Authority.

Capital Care Financial Services Ltd is entered on the FSA register (http://www.fsa.gov.uk) under reference 435067.