Should I buy an immediate needs annuity to pay my 86-year-old mother's care fees? STEVE WEBB replies

3 months ago 5

My mum has been in a residential care home for eight years and is 86. She is self funded. She is in reasonable health. If I take no action her money will run out in about six years.

Source: https://www.dailymail.co.uk/money/pensions/article-14983179/Immediate-needs-annuity-care-fees-STEVE-WEBB.html?ns_mchannel=rss&ito=1490&ns_campaign=1490

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