Throughout the course of 2022, we worked with a group of professional financial guardians to agree a straightforward, transparent process, where financial guardians can request an uplift in remuneration. An Uplift Application form was developed and piloted with professionals up until recently. Feedback on the new process has been positive and the process and form have been implemented as practice.
Remuneration is currently set on a standard scale, based on the value of the adult’s moveable estate. The uplift process allows financial guardians to request an additional payment, where the routine financial guardianship work has been excessive, or where there has been an element of non-routine work within that accounting period. Any uplifted sum is then added to the scale remuneration due.
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application form should be completed by the financial guardian and submitted along with relevant evidence, with the annual account. It will thereafter be considered at the same time as the annual account, during the account review process. Any uplift sums will be added to scale remuneration, and detailed on the audit certificate