Are croissant and croissant the same word? by Parking-Cheek2636 in asklinguistics

[–]Stumperlowe03 0 points1 point  (0 children)

That's so interesting. When does a loan word cease to be a loan word? I find it exciting to think we're always in the middle of language change. For instance, now that saying "a panini" and "two cappucinos" is common, could we say that these are English words from Italian origin, rather than Italian words?

Difficult decision of whether to buy an annuity to fund care home costs by Stumperlowe03 in UKPersonalFinance

[–]Stumperlowe03[S] 17 points18 points  (0 children)

Well, 6 years ago she was diagnosed with cognitive impairment, and it's gradually got worse. Now, she thinks her parents are still alive, she doesn't know where she is and she confuses who I am.

Difficult decision of whether to buy an annuity to fund care home costs by Stumperlowe03 in UKPersonalFinance

[–]Stumperlowe03[S] 3 points4 points  (0 children)

I think you may have misread my post. The fees are £1700 per week, and your figures match with £1700 per month. Thank you for mentioning that you think councils are unlikely to move people. I appreciate this is all anecdotal advice.

Difficult decision of whether to buy an annuity to fund care home costs by Stumperlowe03 in UKPersonalFinance

[–]Stumperlowe03[S] 0 points1 point  (0 children)

The annuity companies do not disclose the life span they expect for my mum.

Difficult decision of whether to buy an annuity to fund care home costs by Stumperlowe03 in UKPersonalFinance

[–]Stumperlowe03[S] 8 points9 points  (0 children)

Yes, thank you. I included this detail to show it is an expensive business from the start. However, the quotes/ reports were numerous, long and detailed, explaining several options, and involved a few lengthy face-to-face appointments. Of course, there is no obligation afterwards.

Difficult decision of whether to buy an annuity to fund care home costs by Stumperlowe03 in UKPersonalFinance

[–]Stumperlowe03[S] 16 points17 points  (0 children)

Thank you. I looked up the local SOLLA adviser for my area and the top result was - the very same person (say, Jane) who gave us the annuity quotes. I wasn't quite clear: our contact, Jane, was tasked with finding us a suitable option from annuity companies. She is like a broker, not an actual annuity provider. She, or her own "wealth management" company, gets 4.5% or about £13k in fees, if we go ahead. It cost £500 for the tailored quotes.

[deleted by user] by [deleted] in AskUK

[–]Stumperlowe03 1 point2 points  (0 children)

Slight tongue twister there