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How to protect older people from financial abuse

Financial abuse is a growing problem for the 18 per cent of the UK’s 65.6m population who are aged 65 and above.

A recent review of evidence conducted by Age UK found that approximately 130,000 people over 65 who live in the UK have suffered financial abuse.

Although financial abuse can affect anyone, it is thought that older individuals are targeted because they are assumed to have more money and are perceived to be more vulnerable than younger people. 

Click here to read more: FT Advisor How to protect the elderly from financial abuse