Key Later Life Finance has announced a new partnership with My Care Consultant (MCC) to support customers who need help navigating the UK social care system.

The move follows Key research that found almost two-thirds (64%) of over-55s say they want to receive care at home.

MCC is an independent, national care company that provides information and advice services to help customers understand and secure the available financial and practical help from the state, the local authority, and the NHS, as well as help source suitable care services and clear explanations in respect of ways to fund them.

Through the newly formed partnership, Key’s advisers will be able to refer customers who have been identified as needing or wanting care in later life to specialist support. Key’s customers will benefit from a free consultation with an MCC expert to help establish what type of care they need as well as what their financial options are.

“As part of the equity release advice process, we ensure that we spend time fully understanding what a client wants now and how their needs may evolve in the future,” Key CEO, Will Hale, added.

“Almost two thirds (64%) of over-55s want care at home and while this is not possible for everyone, we wanted to work with a trusted expert who can support people as they understand what their options are. We are therefore delighted to be working closely with the team at MCC.”

MCC founder, Jaqueline Berry, added: “The fragmented and devolved nature of the UK’s care systems can make the process of navigating through them confusing and difficult for many, and most people don’t have any experience of doing so, nor is it obvious to know where to go for help and support.

“We are delighted to be supporting Key by giving their customers access to a central, safe space of reliable support, to help them better understand their care and funding options to ultimately be able to make informed decisions and achieve better outcomes.”

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