Introducing the Power of Attorney Management Account

At the heart of this relaunch is the all-new Power of Attorney Management Account—a revolutionary service tailored for family members who have become the attorney for a loved one. Navigating the financial responsibilities that come with an LPA role can be overwhelming, particularly when trying to ensure complete compliance, security, and accountability.

This new offering from LPA.co.uk solves that problem, providing:

• A fully managed, FSCS-protected client bank account

• Simple, intuitive access for attorneys to handle their loved one’s finances

• Real-time oversight and alerts that improve safeguarding and reduce financial risk

The result is an unprecedented level of support for families taking on the role of attorney—one that brings the professionalism of a corporate deputy to a family-managed LPA.

Powered by Monika: Oversight Meets Innovation

What sets this service apart is its integration with Money Carer’s proprietary Monika platform, a powerful banking and case management system purpose-built for the care sector. Monika combines best-in-class financial safeguards with intelligent alerts that provide a continuous safety net for attorneys.

Key features include:

• Transaction alerts and spending notifications: Attorneys are immediately notified of unusual or high-value activity, helping detect errors or fraud.

• Automated budgeting tools: Designed to support day-to-day money management and care-related expenses.

• Digital audit trails: Every transaction and action is logged and visible, providing transparency to family members and professionals alike.

• Alerts for neglect indicators: Unique to Monika, these alerts help flag when clients may not be receiving proper care, based on profiled spending patterns.

A Safer, Simpler Way to Support Loved Ones

For many families, acting under a lasting power of attorney can feel isolating. There’s often little official support or guidance, and family members are left juggling paperwork, banking, and welfare responsibilities. Money Carer’s Power of Attorney Account changes that—offering a simple, centralised system that streamlines financial management while embedding real accountability and support.

Whether you are newly appointed as an attorney or struggling to manage an LPA account using outdated banking tools, this service provides the infrastructure and reassurance you need.

A Vision for the Future

Sean Tyrer, CEO of Money Carer, commented:

“We’ve spent over 15 years supporting vulnerable adults and the people who care for them. By relaunching LPA.co.uk with our proven banking systems and safeguarding alerts, we’re extending that same protection and transparency to family attorneys. This isn’t just a new website—it’s a new standard for power of attorney management in the UK.”

With this acquisition and service launch, LPA.co.uk becomes the first platform of its kind to offer a truly managed account service for LPAs, backed by Money Carer’s money management systems, experience and operational expertise.

To learn more or open an LPA Management Account, visit LPA.co.uk.