Wealth planners have tentatively welcomed a new online tool set to be introduced around Lasting Power of Attorney (LPA) powers, but have warned the system could be ripe for abuse if not implemented properly.
Unveiled by the Office of Public Guardian (OPG), today (17 July) the new digital “Use a lasting power of attorney” tool will allow those acting as an attorney to contact organisations like banks and healthcare providers more easily and quickly.
Gor...
Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.
You are currently not logged in,
login to view the full article
start by clicking this button.
Need a subscription,
fill out the form here or
contact subs@thewealthnet.com
PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.
Read more about PAM
