Lasting Power of Attorney (LPA) registrations fell "significantly" during the pandemic as lockdown measures made the process more onerous, according to official figures.
A freedom of information request to the Ministry of Justice, made by Quilter, showed a 30% dip in LPAs registered between April last year and February this year. The advice and wealth management business said while numbers had improved, they had still not recovered to their pre-pandemic levels. With February this year 25% below February 2020. LPA registered LPA registered Apr-19 67,279 Apr-20 19,829 May-19 67,767 May-20 32,253 Jun-19 70,153 Jun-20 47,793 Jul-19 82,277 J...
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