Press release -

New Support and Protection Services For Care Providers and Carers

Reducing Liability, Conflict of Interest and Costs

Many care providers that are still involved in managing the money of the vulnerable people they support are increasingly being critisised by their regulator and other authorities. 

With increased liabilities, conflict of interest issues and the fundamental cost of allocating resources to provide money management tasks on top of commissioned core care activities The Money Carer Foundation can resolve these problems for care providers. There are 3 main options.

Option 1: Transfer of Appointeeships

The Money Carer Foundation has assisted numerous care providers (national and regional) to remove themselves from the costs and conflicts of interest of them acting as the appointee for the vulnerable people under their care.

Often the prompt for this is a recent CQC inspection when this area of conflict of interest is highlighted or it is the pro-activeness of the care provider management team to want to reduce costs and conflicts of interest from their operation. In this scenario, we utilise our appointeeship transfer expertise to project manage this requirement to ensure the smooth transfer of appointeeships from the care provider to The Money Carer Foundation. This process is collaborative between the two organisations and takes into account the necessary communications to family members and local authorities along with the DWP.

Option 2: The Money Carer Card

Our award winning Money Carer Card is a shopping card facility which enables carers to perform everyday shopping tasks in a secure way. The Money Carer Card protects your carers as well as your service users by allowing carers to have an individual shopping card which allows them to access small amounts of money that is made available for client shopping purposes only.

This is the same system that The Money Carer Foundation uses to protect our own clients and the carers that support them along with many firms of Solicitors who also access our carers shopping card service to protect their own clients.

For video information about The Money Carer Card please View Here

Option 3: Bank Account Solutions for Care Providers

Many care providers who act as Corporate Appointee for service users under their care face difficulties accessing bank accounts where clients benefit monies are held or find themselves compromised with carers using the clients own bank cards to access service users money.

This is a scenario that The Money Carer Foundation deals with every week as we are contacted by care providers who think they have no option but to use a service users own card and PIN number to access a clients money or have the dilemma of having to physically take a service user to a bank branch every time they need to access spending money. The dangers of this practice are stark.

Carers can be accused of misappropriating client monies (mostly wrongly but sometimes rightly) which is a serious matter not just for the carers that have been accused but also for the care provider who has allowed this practice to go on (usually in a well-meaning way) without considering the potential consequences for carers or the organisation as a whole. There are also insurance liability issues for care providers along with the question of regulatory compliance in respect of the CQC and how care providers are assessed as providing services to clients in a fit, safe and secure manner.

All too often we read in the national newspapers stories of how carers have been prosecuted for financial abuse crimes against vulnerable people under their care. These are just some of the reasons why many care providers ask The Money Carer Foundation for solutions to these problems and in response to these requests The Money Carer Foundation has worked with our own bank in order to provide care agencies with secure bank account solutions so they are able to access service user monies in a safe and auditable way in order to protect the vulnerable people they support, their carers and the care organisation itself.

For more information please visit The Money Carer Foundation or contact Sean Tyrer directly at seant@moneycarer.org.uk

Related links

Topics

  • Social services

Categories

  • money carer foundation
  • shopping card
  • carers card
  • cqc
  • appointeeship help
  • conflict of interest
  • care provider support
  • dwp appointee

Regions

  • England

The Money Carer Foundation is a national social enterprise that is pioneering the development of daily money management solutions in the UK. From our award winning Carers Shopping Card to our innovative appointeeship and deputyship services The Money Carer Foundation provides thought leadership to the wider market whilst implementing our ideas into functioning services for our own clients.

Contacts

Sean Tyrer

Press contact CEO