On 26 December, the Guardian reported that the system for taking control of a person’s financial affairs is “wide open” to fraud, and that a BBC Radio investigation revealed that the application process for obtaining the document known as a lasting power of attorney (LPA) has no routine identity checks or effective fraud controls. The stamped paper documents can be checked by organisations such as banks and investment firms against a national register. The Ministry of Justice has recently completed a consultation on proposals to modernise LPA aimed at making the system more secure – and this includes proposals for better identity checks.
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