Definition or reference in primary legislation
Care Act 2014, S.42(3)
(3) 'Abuse' includes financial abuse; and for that purpose 'financial abuse' includes--
(a)having money or other property stolen,
(c)being put under pressure in relation to money or other property, and
(d)having money or other property misused.
Definition or reference in Statutory Guidance
Care and Support Statutory Guidance, para 14.17
Care and Support Statutory Guidance 14.17 Financial or material abuse including: - theft - fraud - internet scamming - coercion in relation to an adult's financial affairs or arrangements, including in connection with wills, property, inheritance or financial transactions - the misuse or misappropriation of property, possessions or benefits
ASC Collections Data Dictionary (Beta v1.3)
Includes theft, fraud, exploitation, pressure in connection with wills, property or inheritance or financial transactions, or the misuse or misappropriation of property, possessions or benefits.
Types of financial or material abuse Theft of money or possessions Fraud, scamming Preventing a person from accessing their own money, benefits or assets Employees taking a loan from a person using the service Undue pressure, duress, threat or undue influence put on the person in connection with loans, wills, property, inheritance or financial transactions Arranging less care than is needed to save money to maximise inheritance Denying assistance to manage/monitor financial affairs Denying assistance to access benefits Misuse of personal allowance in a care home Misuse of benefits or direct payments in a family home Someone moving into a person's home and living rent free without agreement or under duress False representation, using another person's bank account, cards or documents Exploitation of a person's money or assets, e.g. unauthorised use of a car Misuse of a power of attorney, deputy, appointeeship or other legal authority Rogue trading - e.g. unnecessary or overpriced property repairs and failure to carry out agreed repairs or poor workmanship