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

Fintel appoints Christine Newell as head of FIBA

Fintel appoints Christine Newell as head of FIBA

Fintel Services has appointed Christine Newell as head of the Financial Intermediary Broker Association (FIBA) and mortgage training officer.

Jaskeet Briah
clock 12 May 2026 • 1 min read
AI: I don't think we've even seen the tip of the iceberg

AI: I don't think we've even seen the tip of the iceberg

“The technology is evolving faster than many of us can imagine”

Kevin Carr
clock 12 May 2026 • 4 min read
Reassured launches AI non-disclosure identification tool

Reassured launches AI non-disclosure identification tool

SAINT.AI launch

Cameron Roberts
clock 08 May 2026 • 2 min read