Surviving Economic Abuse (SEA) – the UK charity dedicated to tackling economic abuse, has launched an industry-leading, practical guide to support financial services firms to identify, prevent, and respond to economic abuse – a dangerous form of domestic abuse. The Government has committed to halving violence against women and girls (VAWG) in a decade. A mission…
Read moreNew analysis Hargreaves Lansdown data from government data has found that police recorded 910,980 domestic abuse-related crimes in the year to March 2022 – up 7.7% in a year. 85% of domestic partner abuse is non-violent, and of this 69% is emotional or financial abuse. The analysis has shown that 11% of people have been a…
Read moreConsumers experiencing financial difficulties as a result of economic abuse will receive further support to help them regain control of their finances and their independence, as part of an updated industry Code. The changes, in UK Finance’s revised voluntary Financial Abuse Code of Practice, will enable the industry to continue its commitment to helping victim-survivors…
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