Main content

Money Box Live: The complexities and consequences of financial abuse

Financial phone-in. Ruth Alexander and guests examine financial abuse and the possible options for people affected by it.

Financial abuse happens in situations where someone you know has excessive control over your money. Examples include using your credit or debit cards without your permission, being asked to justify everything you spend, being encouraged to make changes to your will or a misuse of funds via a lasting power of attorney.

The nature of financial abuse means it can affect people of all ages and genders. Friends, families and carers can be involved which makes it difficult for some victims to admit or even recognise that there's a problem.

Ruth Alexander and a panel of guests examine the impact of financial abuse including possible options for people affected by it. What can financial service providers do to protect vulnerable customers who may be at risk?

Send your questions, comments or experiences of financial abuse by e-mail to moneybox@bbc.co.uk or from 1pm to 3.30pm on Wednesday 22 June you can call 03700 100 444, standard geographic charges from landlines and mobiles will apply.

Guests: Deborah Kitson Chief Executive of the Ann Craft Trust, Dr John Beer Chair of Action on Elder Abuse, Lisa King Head of Communications at Refuge, Paula Myers National Head of Contentious Probate for Irwin Mitchell solicitors and Joanna Elson Chief Executive of the Money Advice Trust and also Chair of the BBA Financial Services Vulnerability Taskforce.

Presenter: Ruth Alexander
Producer: Lesley McAlpine
Editor: Andrew Smith.

Available now

30 minutes

Related Links

Broadcast

  • Wed 22 Jun 2016 15:00

The Death of Retirement

The Death of Retirement

Money Box explores what retirement might look like in the future,

Download this programme

Subscribe to this programme or download individual episodes.

Podcast