Corporate appointeeship
Corporate appointeeship is the name given in the UK to the process of an accredited organisation becoming the designated appointee to a person who is unable to manage his own finances. Corporate appointees have been local councils in the UK or care provider organisations that have acted as the DWP appointee if no suitable family members or friends of the individual unable to manage their welfare benefit payments and responsibilities could be found. However, due to the conflicts of interest that arise when local authorities or care providers act as appointee this is no longer seen to be best practice and independent organisations such as The Money Carer Foundation are more likely to be asked to assume corporate appointeeship roles.
Corporate appointees need to be approved by the Department for Work and Pensions as the appointee is responsible for receiving benefit entitlement payments on behalf of the individual representing. If an incapacitated person has assets of over £16,000 then a Court of Protection Deputyship might be a more suitable arrangement to manage that persons finances.
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