News

Financial Guardians – Increase to Independent Financial Advice limit

Sep 05, 2016

As of Monday 5th September, we will be increasing the limit to £50,000.

Financial guardians must take proper financial advice when managing and dealing with an incapable adult’s investments. We have reviewed the threshold and have increased this from £25,000 to £50,000.

This means that financial guardians must seek independent financial advice when the adult's estate is over £50,000.