Decision due on controversial Power of Attorney fees

Scott Sinclair
clock

Proposed rules which would see tens of thousands of low earners lose the right to register a Lasting (LPA) or Enduring Power of Attorney (EPA) for free will be finalised next month.

If approved, individuals who earn less than £12,000 and do not receive pension credit will be charged at least £60 for an LPA or EPA, whereas currently they pay nothing. As two types of LPA are required - one for financial affairs, the other for welfare - the total charge would be £120. The Office of the Public Guardian (OPG), which registers LPAs and EPAs in the UK, said its existing remissions policy is unsustainable in the current economic climate. It is among a raft of fee changes put forward by the OPG which are expected to be finalised in September when ministers return from ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Former Titan Wealth employee sentenced to community order for harassment

Former Titan Wealth employee sentenced to community order for harassment

Okunola handed 100 hours unpaid work and two-year restraining order

Sahar Nazir
clock 19 September 2025 • 1 min read
PA Awards 2026: Last chance to enter today!

PA Awards 2026: Last chance to enter today!

Celebrating the best in financial planning and advice

Professional Adviser
clock 19 September 2025 • 1 min read
Feel Good Friday: Quilter partners to help Armed Forces community become advisers

Feel Good Friday: Quilter partners to help Armed Forces community become advisers

Wealth manager partners with White Ensign Association and Forces Transition Group

Professional Adviser
clock 19 September 2025 • 1 min read