Independent financial advice

Find out about options available to older people who want independent financial advice.

What to consider

Some financial advisers can provide advice on general financial management, like savings and pensions. Other advisers specialise in financial management relating to care and support needs, including paying for care.

You should make sure any service you’re considering is right for you and your circumstances.

The Money Advice Service and Money Saving Expert provide helpful advice on things like:

• choosing a financial adviser
• questions to ask a financial adviser
• how much a financial adviser costs

Finding an independent financial adviser

Vouchedfor helps find independent professional advisers including financial advisers. They offer advice that is not restricted by specific products and services available in the market.

Society of Later Life Advisers aims to assist consumers and their families to find trusted and accredited financial advisers, who understand financial needs in later life. Some offer advice on products and services that represent a limited range to what is available in the market. Whilst others offer advice on the whole of the market.

Charities and other organisations who can help

Age UK is the country’s largest charity dedicated to helping everyone make the most of later life.

Citizens Advice Bureau helps people resolve their legal, money and other problems by providing free, independent and confidential advice, and by influencing policymakers.

Independent Age is a charity that offers advice, befriending and also campaigns on older people’s issues and is an established voice for older people.

Which? Elderly care offers free, independent and practical advice about caring for older people across the UK.

Paying for Care is a not-for-profit company offering advice and guidance on the cost of elderly care. This includes the types of care, payment options and eligibility for funding.

My Care, My Home is a care advice service linked to, but separate from, the Shaw Healthcare Group. Also an introductory service to specialist independent financial advisers who can advise you on how to fund your care.