Economic abuse: Why advisers need to understand this hidden form of financial harm

'Economic abuse presents a particular challenge because it is often invisible'

clock • 3 min read

Shelley Read begins a series of articles for Professional Adviser exploring the issue of economic abuse…

For most advisers, economic abuse is unlikely to be a topic that comes up explicitly during a client meeting. Few clients will describe their experiences using that term and many may not even recognise what they are experiencing as abuse. But economic abuse is far more common than many people realise, and its consequences can have a significant impact on an individual's financial wellbeing, resilience and ability to achieve long-term financial goals. As the financial services sector continues to focus on vulnerability and delivering good customer outcomes, it could be that advisers ma...

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