The Personal Finance Society (PFS) has today (22 January) published a Good Practice Guide for advisers about economic abuse and life insurance.
The guide aims to provide a starting point for advisers who are looking to refresh their knowledge and understanding of how to support clients who may be experiencing abuse. It looks at how firms and advisers can use their knowledge in finance to close opportunities for abusers to exploit financial products. This comes as data suggests one in seven women in the UK have experienced some form of economic abuse from a current or former partner within the past 12 months, according to research by the charity Surviving Economic Abuse (SEA). The PFS said the guide was prompted by SEA, wh...
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