Corporate appointeeship

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Corporate Appointeeship is the name given to the process of an accredited organisation becoming the designated Appointee to a person that is unable to manage their own finances. Corporate appointees are often local authorities in the UK and firms of solicitors or consumer advocate organisations that provide an appointeeship service when a suitable family member or friend is unavailable or lacking to take over the daily money management services and responsibilities of the person in need of an appointee.

Corporate Appointee's need to be approved by the Department Of Work And Pensions in the UK as the appointee is responsible for receiving the benefit entitlement payments on behalf of the individual they are representing. In the UK Corporate Appointee services have been extended by the Money Carer service that has served to highlight the lack of financial protection that often leads to the financial abuse of vulnerable individuals unable to manage their finances in the UK.