77% of over-55s lack Power of Attorney

Recent research has revealed that more than three quarters of UK adults don't have a Lasting Power of Attorney (LPA) registered to act on their behalf should the worst happen.

The research, by Canada Life, found that:

• 78% of UK adults don’t have an LPA registered • 77% of over-55s don’t have LPA • LPAs registered in 2020/21 down 26.5%

Just like life insurance and critical illness cover, Lasting Power of Attorney can help protect you and your families should the worst happen.

Source - https://moneyage.co.uk/four-in-five-uk-adults-do-not-have-lasting-power-of-attorney.php#msdynttrid=SeXEm5rlgcGmmEu71_VKYEqPTfZ_nPzfy0ihxr4WV28