Lasting Power of Attorney

Report Shows the UK is Unprepared for Incapacity

Senior woman at retirement home

Recent research from Solicitors for the Elderly (SFE) and Centre for Future Studies (CFS) has brought to light worrying issues concerning incapacity. The results show a surprising rise in dementia diagnoses and the predicted number of sufferers in the future. And, a poll by SFE indicates only 3% of the people surveyed have a Health…

Read More

Banks Make Registering Powers of Attorney a Nightmare

In May 2018, a Which? poll of 2,900 people showed that one in five people found registering their Power of Attorney with a bank difficult. This made for a stark contrast with private pension providers and the Department for Work and Pensions, where only one in ten people had similar problems. It was found that…

Read More

Dramatic Rise in Work for the Court of Protection

It has been revealed that applications to the Court of Protection have risen by around 50% in the past 10 years. This news was shared by a Senior Judge of the Court, Her Honour Judge Hilder, at the national Solicitors for the Elderly conference which took place in June. Judge Hilder said that 15,000 applications…

Read More

Millions at Risk in Power of Attorney Pension Crisis

Daughter Comforting Father

A recent report by Zurich warning of a ‘later-life financial crisis’ for retirees has caused quite a stir. According to the pension provider, four in five retirees – a huge 79% – using drawdown to fund their retirement haven’t set up a Lasting Power of Attorney (LPA). 1.7 million people are at risk of being…

Read More