IFA Care has joined the alliance created last year between the IFA Association (IFAA) and the Institute of Financial Planning (IFP).
Graham Fidoe, chairman of IFA Care, said that there had been a unanimous decision to join the alliance and he outlined two key benefits.
“We want to lobby the government for an early decision on the Royal Commission. With the present uncertainty advisers can’t plan with their clients and it’s preventing insurance companies entering the market.”
He added: “The IFAA is a lobbying and trade body. Secondly, the IFP has high educational standards which will be useful for developing education of long term care.”