Investment bonds and long-term care (excluding England)
Explains how local authorities in the UK could assess bonds for long-term care.
Power of Attorneys and Deputies
The duties and responsibilities when dealing with financial affairs.
Understand power of attorneys in the UK
When an individual loses the capacity to make their own decisions, someone can be appointed to deal with their personal bank accounts and pensions, and make decisions about their health and care, if they lose the ability to do so.
What is a power of attorney? When an individual loses mental capacity, attorneys or deputies may be required to manage their financial affairs and make important decisions on their behalf.
This briefing note explains how powers of attorney and deputyship orders work, the key legal duties involved, and the standards of care and record‑keeping expected. It is designed to help advisers, attorneys and deputies understand their responsibilities and make suitable financial decisions in the best interests of the person they represent.
Read more about power of attorneys and deputies
Explore more briefing notes
Access learning materials and support
Find learning
Search our full range of technical support resources, including webinars, briefing notes, videos, and more.
CPD training
Learn more about our selection of live and on-demand training, and find out how you can build your CPD hours with us.
Contact us
As industry-recognised experts, we’re here to provide you with award-winning technical help, support, and guidance.