The St. James's Place Later Life Planning Scheme enables you to safely reduce your exposure to Inheritance Tax by providing monetary gifts to your loved ones and secure an income to help cover your long term care costs.

Whilst for many of us an increase in life expectancy may seem like good news, it has to be recognised that there are financial implications for those who live longer. In 2008 the average fees for care home residents across the UK were £34,528 per annum for nursing care and £24,128 per annum for residential care.

*Source: Laing & Buisson UK Market Survey 2008

At St. James's Place we are committed to helping people meet their financial needs throughout their lifetime and Long Term Care planning is no exception.

The St. James's Place Later Life Planning Scheme gives peace of mind enabling you to reduce your Inheritance Tax exposure, make gifts to your heirs during your lifetime and secure a pre-set income should you need long term care in the future.

Key benefits of the Later Life Planning Scheme:

• Safely make monetary gifts to loved ones during your lifetime
• Reduce or even eliminate your exposure to Inheritance Tax
• Arrange a pre-set income for life to help safeguard against care costs, if required in the future
• Keep control of your money
• Benefit from using gifts & trusts