Mr. Alan WilliamsTo ask the Parliamentary Secretary, Lord Chancellor's Department what arrangements have been put in place to monitor the financial affairs of people who lack capacity and who no longer come within the protective jurisdiction of the Court of Protection since the capital threshold was raised to £10,000; what plans he has to raise the threshold further; and what further safeguards he plans to enable ministers to exercise their responsibility for the protective oversight of the financial affairs of the people affected. [115724]
§ Jane KennedyThe capital threshold of £10,000 is one of the criteria used when considering the appropriate arrangements which need to be made to protect peoples finances where they lack capacity. It is one of a set of stringent criteria applied when determining what level of intervention is required in day-to-day affairs of clients who have widely differing circumstances. The level of monitoring is considered in every individual case.
I will consider raising the threshold further when the effectiveness of these new arrangements has been assessed.