How to advise clients following a dementia diagnosis

Exploring capacity tests and LPAs in relation to dementia

clock • 4 min read

Katie de Swarte looks at the impact of a dementia diagnosis and shares her insight on how to advise affected clients...

About 900,000 of us are living with dementia according to the Alzheimer's Society, with that figure expected to rise to 1.6 million by 2040. The progressive nature of the disease means that a person can still be considered to have the capacity to manage their own affairs until long after a diagnosis has been received. Advising clients in such situations can be complex and the Financial Conduct Authority's (FCA) new Consumer Duty explicitly requires advisers to provide additional care to ensure they meet the needs of vulnerable people. Many firms will already have their own detailed po...

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