Chapter 17: Economic abuse

• 1. Introduction
• 2. What is economic abuse
• 3. Who is affected by economic abuse
• 4. Financial abuse versus economic abuse
• 5. Identifying economic abuse
• Post-separation economic abuse
• 6. The adviser’s role
• Supporting clients – key principles
• Principle 1: be patient
• Principle 2: try to understand the client’s spending
• Principle 3: understand why clients may not disclose abuse
• Principle 4: create the right environment for the client to talk
• Principle 5: ask the question
• Principle 6: listen
• Principle 7: respond appropriately
• Principle 8: offer support
• Client ID
• Future safeguarding – digital breakup tool
• 7. Economic abuse and debt
• Coerced debt
• The impact of coerced debt
• Challenging coerced debt
• Consumer credit law
• Terms of a credit agreement
• Request for information
• Unfair relationships
• Lender obligations
• Failure to assess affordability
• Undue influence
• 8. Financial Abuse Code