Ann Stanyer: Help protect elderly clients against hidden abuse

Consider ‘lasting power of attorney’

clock
Ann Stanyer: "Recent Court of Protection cases illustrate how toxic things can become when the parent/child relationship becomes one of emotional and financial dependence."
Image:

Ann Stanyer: "Recent Court of Protection cases illustrate how toxic things can become when the parent/child relationship becomes one of emotional and financial dependence."

For every instance of financial abuse that comes to light, 24 cases are thought to go unreported so, says Ann Stanyer, professional advisers have a real gatekeeper role to play in protecting vulnerable elderly clients

As professional advisers we will deal with clients from all walks of life and, among them, the elderly can need careful attention and special skills. This is especially the case where the circumsta...

To continue reading this article...

Join Professional Adviser

 

  • 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

£90m of Arena Wealth's investment management assets will move to Evelyn Partners.

Evelyn Partners adds £90m AUM in Arena Wealth acquisition

Sports and entertainment

clock 22 September 2022 • 1 min read
Radiant Financial snaps up three more IFAs

Radiant Financial snaps up three more IFAs

Consolidator completes fifth acquisition in 2022 as AUA hits £1.3bn

Julia Bahr
clock 22 September 2022 • 3 min read
Former CII CEO Sian Fisher

CII and PFS issue statement over 'recent disagreements'

The bodies plan to collectively update members from next year

clock 20 September 2022 • 1 min read