Part of the cost of long-term care should be recouped from deceased estates. That is the core principle, which, I suggest, should be considered as the foundation for a reform of the long-term care system.
The recent extreme weather in the US has caused devastation on a massive scale. Because of hurricanes like Harvey and Irma, people in Texas, Florida and the Caribbean have seen their lives and livelihoods washed away in an instant.
We talk a lot about professionalism in the financial services industry, but it can be hard to define exactly what that means. According to the Oxford English Dictionary it is the competence or skill expected of a professional.
What defines us as a profession? Is it our technical expertise, the
high standards we hold ourselves to or the ability to apply our
skills in a business setting? Perhaps its a combination of these or other factors.
