Financial abuse issues for attorneys and deputies

Join us in our next webinar that will delve into financial abuse. The session will unpack the statutory definition of financial abuse and the practical steps to recognise its subtle, yet damaging, presence in the lives of vulnerable individuals.

Training details

This joint session with Partners from Wedlake Bell, Ann Stanyer and Victoria Mahon, will explore who typically falls victim to financial abuse and the profiles of potential perpetrators, casting a light on the scenarios that may go unnoticed. Our expert speakers will unravel the complex web of fiduciary duties shouldered by attorneys and deputies, examining where the line is drawn between responsibility and misuse of power.

Hear cautionary tales that illustrate the consequences of abuse by those in positions of trust. We’ll also highlight specific issues that demand our vigilance to ensure such transgressions are caught and dealt with swiftly.

As safeguarding our clients’ assets and well-being is paramount, we will provide you with preventive measures to combat financial abuse. Learn about the critical interplay between safeguarding alerts, GDPR, consents, and acting in the best interests of those we serve.

This session will cover:

  • What is financial abuse? – the statutory definition
  • How can we recognise it in practice?
  • Who are the likely victims and the perpetrators?
  • Fiduciary responsibilities of attorneys and deputies
  • Abuse by attorneys and deputies
  • Cautionary tales
  • Particular issues to be aware of
  • Preventive measures
  • Safeguarding alerts/GDPR/Consents/Best interests

Watch here

Training facilitators

Presenter Wedlake Bell

Partner at Wedlake Bell. Ann acts as attorney, deputy, and trustee for clients. Frequent contributor on financial abuse and powers of attorney issues including to professional publications and BBC radio and ITV programmes. Author of Financial abuse of older clients published by Bloomsbury Professional (2nd Edition 2020) and Powers of Attorney for Property and Finance: A user’s guide published by Bath Publishing (2023). Ann also provides the quarterly updates for the chapter on financial abuse for the Lexis Nexis Finance and Law for the older client. Member of STEP and ALL.

Presenter Wedlake Bell

Victoria is named in the Citywealth Top 100 Private Client Lawyers list 2021, was awarded Silver in Citywealth’s 2020 Lawyer of the Year (Senior/Managing Associate) and was named as a “Top 35 Under 35” private client adviser by eprivateclient magazine for three years. Victoria is a contributing author to Lexis Nexis’ practice notes on Lasting Powers of Attorney and issues relating to vulnerable clients, and writes widely in the trade and national press.

Host Frenkel Topping Limited

Alison joined Frenkel Topping in 2006 as a senior consultant and later transitioned into focusing on expert witness work and training. As head of training, she contributes to business development by delivering presentations, supporting consultants, and organising events. Alison holds multiple qualifications in financial planning and a Postgraduate Diploma in Mental Rehabilitation and Social Welfare.

Knowledge Hub is a trading style of Frenkel Topping Group PLC which is registered in England and Wales no: 04726826
Registered Office Address: Frenkel House, 15 Carolina Way, Salford, M50 2ZY
contactus@frenkeltopping.co.uk

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