Corporate appointeeship is the name given in the UK to the process of an accredited organisation becoming the designated Appointee to a person that is unable to manage their own finances. Corporate appointees are often money management services and responsibilities of the person in need of an appointee.
Corporate appointees need to be approved by the Department for Work and Pensions as the appointee is responsible for receiving the benefit entitlement payments on behalf of the individual representing. Corporate appointee services have been extended by The Money Carer Foundation that has served to highlight the lack of financial protection that often leads to the financial abuse of vulnerable individuals unable to manage their finances.
External links
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DWP Appointeeship Information
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Appointeeship and Financial Abuse Reference Point
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