Martin Lewis’s charity is calling for action to make it safer and easier for vulnerable people to get support from a trusted person to manage their day-to-day finances, amid concerns that “workarounds” could be leaving some people at risk of fraud or abuse.
Analysis by the Money and Mental Health Policy Institute of the Financial Conduct Authority’s 2022 Financial Lives survey indicates around a fifth (22%) of people with mental health problems have resorted to sharing their Pin or bank details with someone else to get help with managing their finances.
