Parliamentary group publishes 'fraud and theft within families' report

‘Tackle the elephant in the room’

clock • 2 min read

The All Party Parliamentary Group (APPG) on Insurance and Financial Services has published a report into financial crime within families alongside the Financial Vulnerability Taskforce.

The report cited evidence suggesting that a significant amount of financial abuse is inflicted by family members. There is a lack of awareness and research about this issue that the report addresses. "We appear to have overlooked the scale and impact of fraud and theft within families", said professor Keith Brown, member of the Financial Vulnerability Taskforce and chair of the Safeguarding Adult National Network. "It is time to address the ‘elephant in the room'." The groups said the issue of fraud and theft within families has to be highlighted to make understanding easier when it c...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

It's time to change the protection narrative: The Exeter

It's time to change the protection narrative: The Exeter

Watch now on-demand

COVER
clock 06 June 2025 • 1 min read
The impact of delaying a claim

The impact of delaying a claim

“Something is wrong and changes are needed”

Alan Lakey
clock 05 June 2025 • 3 min read
Caring responsibilities key customer vulnerability

Caring responsibilities key customer vulnerability

MARS data

Cameron Roberts
clock 04 June 2025 • 1 min read