Daily Money Management

Information and articles relating to daily money management services for older people in the UK

The UK Pensions Regulator has warned pension scheme managers that they should use more realistic assessments about how long their members are likely to live in the future.
Independent advocates for people lacking mental capacity to make decisions for themselves will be able to receive direct benefit payments on their behalf under new legislation.
A carer from Calderdale entrusted to look after a 62-year-old woman milked more than £2,500 from her bank account. Denise McBride, 29, of Woodside Road, Boothtown, Halifax, was jailed for four months.
A dishonest carer has been ordered to repay cash stolen from an elderly lady.
October 2007’s government spending review is unlikely to provide sufficient funding to meet the pressures facing councils in the learning disabilities field, according to speakers at the Local Government Association conference this week.
There is cause for concern amongst the 1,500 UK Homecare Association members that unless there is a step change in the way independent care services are funded by local authorities the industry may face collapse.  UKHCA claims that it is the way in which many councils “abuse their dominant purchasing power to drive down” contract rates and squeeze independent companies to provide their services. This means that many organisations are left funding a significant gap to meet the full cost of homecare.
According to a recent announcement by the Department of Health a key requirement of carers is accessible and reliable information that enables them to access services and support, helping them to properly meet the needs of themselves and the person they care for.  Such information, is however, often scattered across a wide variety of sources, and in many cases carers are not even aware that the information, and the associated opportunities or support solutions, even exist.
Support brokerage for care services originated in the US and is seen as a crucial part of the move towards individual budgets and self directed support through the Care Services Improvement Partnership (CSIP) and In Control pilot projects in England and Scotland.
The government have announced a new standing commission to look into the long-term issues faced by the country’s six million carers.
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