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

Advisers want to learn more about AI: Paradigm

Advisers want to learn more about AI: Paradigm

Technical knowledge gap found

Jaskeet Briah
clock 31 October 2025 • 2 min read
Stonebridge adds new AR

Stonebridge adds new AR

Vibrant Mortgages partnership

Cameron Roberts
clock 27 October 2025 • 1 min read
Advisers see rise in client anxiety ahead of Autumn Budget

Advisers see rise in client anxiety ahead of Autumn Budget

Royal London research findings

Jenna Brown
clock 22 October 2025 • 3 min read