Wealthcare Financial Planning has launched a number of investment products and services for the aged care sector.

Under its Global Aged Care Services business, Wealthcare has developed a master trust, investment products and services.

"This is tremendously important in funding the massive growth which is occurring now and which will continue over the next 30 years," Wealthcare director Greg Roberts said.

"This market is currently worth around $13 billion and is estimated to quadruple over this time."

The master trust, Aged Care Investment Services, was developed in partnership with aged care associations. Two investment managers have been appointed to manage the investment of the master trust. However, the firm did not want to confirm the names.

The Global Capital Protected Trust Fund aims to produce a running yield over current borrowing rates.

Residents in aged care homes will also have access to a tailored product, the Residential, Aged & Community Care Investment Services. This product was developed on the back of demand from not-for-profit organisation Legacy Sydney.

The product provides services around maximising Centrelink benefits, and tax and risk minimisation strategies.

Software has also been developed that can produce funding models for the aged care sector.

The business has devised an aged care specialist adviser course, which has been approved by the FPA.

"It provides skills for advisers for both aged care facilities as well as residents in facilities," Roberts said.

The range of products will be available to other dealer groups and financial planning firms, according to Roberts.

"[These products] will help and sustain the aged care industry so it will provide better facilities for our mums and dads and siblings with special needs, and with better rewards for those who invest in it as well as those who provide advice to it," Roberts said.