Accessing Independent Financial Advice for Care and Support Needs in Bury

Why Seek Independent Financial Advice?

• Unbiased Guidance: Independent financial advisers (IFAs) are not tied to specific products or providers, so they can offer impartial advice tailored to your circumstances.
• Expertise in Care Funding: IFAs can help you navigate the complexities of paying for care, including care home fees, home care costs, and the impact on your savings and assets.
• Maximising Benefits: Advisers can ensure you’re claiming all eligible benefits (such as Attendance Allowance) and help with tax-efficient planning.
• Long-Term Planning: They can advise on pensions, investments, and estate planning to ensure your care needs are sustainably funded.

How to Find an Independent Financial Adviser in Bury

• Local IFAs: Bury is home to several reputable independent financial advice firms, including:
• Bury Financial Advisers Ltd (0161 763 8711): Offers tailored advice on wealth management, pensions, care funding, and more, with a proactive and client-focused approach.
• Wealthcare Ltd (0161 348 7100): Provides holistic financial planning, including advice on funding long-term care, investments, and ongoing reviews to adapt to changing needs.
• Cheetham Jackson (0161 8700 167): Delivers personal, face-to-face independent financial advice, including care funding and retirement planning.
• Moscrops Financial Planning: Offers a transparent, step-by-step financial planning process and ongoing review service.
• The Financial Options Group: Award-winning advisers offering comprehensive financial planning, including care and asset management.

Online Directories:

• Unbiased.co.uk and VouchedFor.co.uk: These platforms allow you to search for regulated, reviewed IFAs in Bury, compare services, and read client feedback.
• The Bury Directory: Lists local financial advisers and support services.

What to Expect from an IFA

• Initial Consultation: Most advisers offer a free or low-cost initial meeting to discuss your needs and explain their services.
• Personalised Plan: Your adviser will assess your financial situation, care needs, and goals, then recommend suitable options for funding care, managing assets, and protecting your estate.
• Ongoing Support: Regular reviews ensure your plan adapts to changes in care needs, finances, or legislation.

Key Areas IFAs Can Advise On

• Funding care at home or in a care home
• Understanding and planning for care fees
• Protecting your home and assets
• Maximising state benefits and allowances
• Pension and investment strategies
• Estate and inheritance tax planning

How to Prepare for Your Appointment

• Gather information about your income, savings, property, pensions, and any existing care needs.
• Prepare questions about care costs, funding options, and how different choices might affect your finances.
• Ask about the adviser’s fees, qualifications, and experience with care-related financial planning.

Regulation and Peace of Mind

All independent financial advisers in the UK must be regulated by the Financial Conduct Authority (FCA). This ensures they meet strict standards for professionalism, transparency, and client protection.

Summary Table: Accessing Independent Financial Advice in Bury

Next Steps

1. Use the contact details above or search online directories to find a local IFA.
2. Arrange an initial consultation to discuss your care and support needs.
3. Work with your adviser to develop a financial plan that secures your future care and protects your assets.

Tip: Always check that your adviser is FCA-regulated and ask for a clear explanation of their fees and services before proceeding.

Accessing independent financial advice in Bury ensures you make informed, confident decisions about funding care and support—now and in the future.