Policy Brief - November 2024

Policy, Practice and the Law

Policy, Practice and the Law

Improving Protections Against Economic Abuse

 
KEY INSIGHTS:
 
  • Economic abuse is one of the most common types of abuse in later life.
  • Economic abuse is a crime and should be treated as such.
  • Suffering economic abuse as an older person can have life changing effects, leading to trauma, mental health problems, and even death.
  • Millions of pounds worth of money and assets are stolen, defrauded, or coerced from older people every year.
  • Money management programs, bank account controls, and raising public awareness are key tools in protecting older people from economic abuse.
  • Changes to forfeiture law could also ensure that perpetrators do not succeed in making financial gains off of those they have abused.
 
Full the full policy brief below.
 
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