Media comment: Age UK's financial abuse figures

Wednesday 10th August 2016

David Haigh, Director of Financial Capability for the Money Advice Service comments on Age UK’s financial abuse figures:

“These figures are extremely worrying. It is important for organisations to consider people’s wellbeing as a whole, this requires co-ordination and collaboration, especially when it comes to recognising the signs of financial abuse and referring people on to the best place for help. We also need to help people understand the risks and steps they can take to help protect themselves. Working out the best ways for organisations to do this is part of the challenge and something that the UK Financial Capability Strategy is seeking to understand better. This will be the subject of discussion for the older people steering group over the coming months.”