Mock Paper 3 Flashcards
- Which of the following is one of the main duties of the Care Quality Commission?
C. Monitoring and inspection of all health and adult social care
- Which organisation introduced specific Training and Competence (T&C) requirements for those advising on long term care?
FCA
- Which of the following types of care provision never needs to be self-funded?
A. Accommodation costs in an NHS hospital
B. Domiciliary care
C. Respite care
D. Residential care in a nursing home
A. - is the answers
Which type of care provision is most likely to be suitable for a patient with high dependency needs?
Care home providing nursing care
Which types of care provision can be provided by a residential care home?
A. Personal care
- Which Government body is responsible for setting health and social care policy in England?
B. Department of Health and Social Care
- Within how many weeks of being discharged from hospital should a patient’s care package be reassessed?
Two
- Which body is responsible for payment of the Registered Nursing Care Contribution in Northern Ireland?
A. Health and Personal Social Services
- Which bodies are responsible for the provision of local health services in Wales?
A. Local Health Boards and three NHS Trusts
- By what means does the Department of Health and Social Care issue guidance or clarification on care to local authorities?
C. Local Authority Circulars
- After an initial ‘light touch’ review, Section 27 of the Care Act 2014, stipulates that care and support plans must be fully reviewed within:
C. twelve months
- Section 117 of the Mental Health Act 1983 requires what of Local Authorities in England?
B. That they provide continuing support to people who have previously been detained under the Act
- Which Act established a body to register and to regulate the provision of health care in England?
B. Care Standards Act 2000
- Social care is non-medical care typically provided by …
B. The local authority
- Which of the following categories of income is fully disregarded for care contribution assessment purposes?
C. Income from a mortgage protection policy
- What is seen as a disadvantage of a deferred payment agreement, whereby a Local Authority takes a charge on a property owned by an individual admitted to residential care?
D. Individual is still liable to maintain the property
- What is the current level of the means-test lower capital threshold in Scotland for Local Authority funding of residential care costs?
B. £18,050
- What benefits will a Hospital Cash Plan primarily provide?
B. A monetary amount for each night spent in a hospital or nursing home for an acute or chronic condition that develops while the plan is in force
- Which of the following provides support mainly in the form of benevolent funds?
A. Professional bodies
- Which benefit might an informal carer be able to claim as a result of providing support for an individual requiring care?
A. Income Support/Universal Credit
- It is usually desirable for the client’s family to be involved where a financial recommendation involves:
C. Equity release
- Where a living will refers to an advance decision, what does this mean?
C. A legally binding statement by an individual refusing a stated treatment
- How do the powers under a Deputyship differ from the powers under a Lasting Power?
C. They are more restrictive in that the approval of the court is required for some decisions
- Why is it important to clarify the legal capacity of an individual with regard to longterm care advice before making a recommendation for a financial product?
To confirm that the individual has legal capacity to enter into a contract
- Under which power of attorney must an independent third party confirm that the donor understands the purpose and scope of the attorney and that they are NOT acting under any undue pressure?
B. Lasting Power of Attorney - both types
- Which of the following is covered by the Access to Medical Reports Act 1988?
A. The right to access Medical Practitioners’ reports
- Nancy has moved into residential care and following the sale of her house, has purchased an immediate needs long-term care plan with annuity payments made directly to the care provider. How are the annuity payments treated for income tax purposes?
B. Both the interest and capital elements are tax free
- What tax relief is available on a single premium invested into a long-term care bond?
A. None
- How are benefits taxed under a deferred care plan?
C. Free of tax if paid to a care provider, treated as part income and part capital if paid to the planholder
- William took out a Long-Term Care bond some years ago, but investment performance has been poor, and the insurer has recommended a further contribution, which William CANNOT afford to do. What is the likely effect on the plan?
B. It will continue but may not provide for the full cost of care fees if William makes a claim
- Maurice gave his home to a trust for the benefit of his family 5 months ago with the aim of reducing the overall Inheritance Tax liability on his estate. He subsequently suffered a stroke and now needs to enter residential care - how will the local authority treat the property when carrying out a funding assessment?
B. Should be disregarded after consideration of motives as bona fide IHT planning measures are unlikely to be regarded as deliberate asset deprivation
- How could a Long-Term Care Bond be used to minimise Inheritance Tax?
C. By writing the death benefits under trust for named beneficiaries but with the long-term care benefits being paid out for the benefit of the policyholder
- Which of the following is required for a will to be valid?
B. It must be in writing whether print, type or handwritten
- Diane is a widow with two children and four grandchildren. Traditionally she has given each grandchild £100 at Christmas and £50 on their birthday. Diane’s son and daughter have a registered Enduring Powers of Attorney for their mother. What level of giving can they continue on behalf of Diane?
B. They can continue with the same level and frequency of gifts made by their mother only
- What does the term “joint tenants” relating to a property mean?
C. When one joint owner dies, their share of the property automatically passes to the surviving joint owner without reference to the terms of the deceased’s will
- Which two types of power of attorney continue to have effect if a person living in Scotland becomes incapable?
C. Continuing Power of Attorney and Welfare Power of Attorney
- Eric executed an Enduring Powers of Attorney in 2005 and has now lost mental capacity without drawing up a Lasting Powers of Attorney. Which of the following is his attorney unable to do?
C. Make decisions about Eric’s personal care and welfare
- The ability to move from a bed to an upright chair or wheelchair and vice versa is classified as which of the following activities of daily living?
C. Transfer
- Which of the following may be able to provide access to low cost housing or sheltered homes?
B. Housing associations
- Basic Personal Care is means tested in every country in the United Kingdom except?
Scotland
- Which of the following statements regarding the funding of residential care is true?
C. Top-ups are permitted for individuals with deferred payment agreements.
- Which of the following economic factors is most likely to impact on the long-term affordability of ongoing care?
C. Inflation
- What is the level of the maximum grant offered by local authorities in Wales as a disabled facilities grant for home modification?
£36,000
- Which of the following is a correct statement regarding the Attendance Allowance?
It is payable to disabled people who have reached State pension age
- How many years of National Insurance contributions are currently required to qualify for full new State pension?
35
- Barry suffers from Parkinson’s disease and has been assessed as suffering from cognitive impairment. What additional condition, if any, needs to apply for him to be able to make a claim under his Long-Term Care Insurance policy?
C. A diagnosis of cognitive impairment is sufficient for Barry to make a valid claim
- Which of the following benefits typically provided under a LTCI product is likely to be subject to a deferred period?
A. Income benefits under a pre-funded LTCI
- Benefits from an immediate care annuity are typically paid after a cooling off period of …
D. 30 days
- Edna has been advised to release some of the equity in her property by taking out a Home Reversion Plan. What is considered a serious restriction of plans of this type?
C. Edna is only likely to receive 113rd to 2/3rds of the value of her property
- You are the financial adviser to Roger who is a resident in a nursing home, and also to his son John who has an unregistered Enduring Powers of Attorney (EPA) for his father. When you visit Roger for an investment review meeting accompanied by John, you find that Roger is becoming increasingly forgetful and does not remember who you are. What action should you take?
B. Discuss with John the possibility of registering the EPA for his father before taking any further action
