The number of investigations into the use of power of attorney has increased by 45% in 12 months, according to figures from the Office of the Public Guardian. Here, Royal London outlines three key points advisers can share with clients who are acting on behalf of someone else
The number of investigations into people with power of attorney has increased 45% (to 1,729 in 2017/18) signalling a need for increased education as to what is and is not allowed, according to Royal London. ...
'People miscalculate how much they need'
Information request by AJ Bell
Could lose 97% of investment
'Document your conversations'