Prepaid financial services barnet

More than people are expected to benefit from a new social care payment system being launched by Barnet Council. On Friday the council launched a system of prepaid cards to give adults requiring social care control over how they pay for their support. The prepaid cards, which work in prepaid financial services barnet similar way to a debit card, allow people who qualify for financial assistance from lmu mail council to pay for services to meet their social care needs. Once their Personal Budget for social care support has been agreed, prepaid financial services barnet, users can ask the council to arrange a prepaid card for them.

How much you contribute towards the cost of your support will depend on your income and the savings you have. We'll ask you to complete a financial assessment to work out your contribution. There are some services that you will always have to pay for. These services such as respite care do not form part of a personal budget and so are not subject to a financial assessment. Before you complete a financial assessment you will need to apply to Social Care Direct to have a care needs assessment.

Prepaid financial services barnet

Residents using pre-paid cards for council services lost access their accounts on June 26 after the Financial Conduct Authority FCA temporarily banned Wirecard from carrying on regulated activities. The firm has since filed for insolvency. Barnet Council has used Wirecard since for some adults and family social services payments. In March , council chiefs decided to switch to a new provider — but the transition is not yet complete. When the decision to switch provider was made, services users were using the pre-paid card. We had put in place a range of mitigations so the impact of this on users of our prepaid cards has been minimal. The new contract is now also ready for family services to use, though the project has been paused during the Covid lockdown. We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused. Please report any comments that break our rules. Those ads you do see are predominantly from local businesses promoting local services. These adverts enable local businesses to get in front of their target audience — the local community. It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times.

Using your direct payment Direct payments are designed to be used prepaid financial services barnet you need, as long as it meets eligible care and support needs identified in your care and support plan. Please ensure your prepaid card is only used to pay for goods and services agreed in your Care and Support Plan. Show more articles.

Direct Payments is a sum of money paid to a person by the council to pay for their unmet care and support needs. The purpose is to give people more choice, greater flexibility, and more control over the support they receive. You can receive direct payments if you are aged 16 or over and assessed as having unmet care and support needs. People caring for someone carers who have unmet care and support needs may also be entitled to a direct payment in their own right. Find out more about support for carers. A person or their authorised person must be able to agree to having a direct payment and also have the capacity to manage one themselves, with whatever support they are able to access. You can nominate a person to act of your behalf.

The Four Courts. The High Court has appointed joint provisional liquidators to a firm that issues prepaid cards allowing customers to buy goods and services throughout the EU. The High Court has appointed joint provisional liquidators to a firm that issues prepaid cards allowing customers to buy goods and services throughout the European Union. PCSIL, which is not currently insolvent, brought the winding-up petition before the court because its business model is no longer commercially viable or sustainable, is loss-making and is bound to fail in the coming months. Mr Justice Sanfey noted that, despite its current position, the company expects to be in a position to pay all of its debts to creditors. Kelley Smith SC, with John Lavelle, the company, told the court that unusually in a winding-up application, the company is currently solvent.

Prepaid financial services barnet

How much you contribute towards the cost of your support will depend on your income and the savings you have. We'll ask you to complete a financial assessment to work out your contribution. There are some services that you will always have to pay for. These services such as respite care do not form part of a personal budget and so are not subject to a financial assessment. Before you complete a financial assessment you will need to apply to Social Care Direct to have a care needs assessment. The financial assessment is different if you are moving to a care home or if you are receiving non-residential care usually in your own home. The quickest and easiest way to complete a financial assessment is to use our online form.

Nhs dentist marlborough

We had put in place a range of mitigations so the impact of this on users of our prepaid cards has been minimal. Submit Cancel. You will receive an invoice for the amount you have been assessed to pay. Receiving your direct payment Prepaid card The money will be into a prepaid account every 4 weeks which the council will set up on your behalf. You can also use the Prepaid Card to pay care agencies and other providers of care. You can download and complete a financial declaration form PDF KB to assess your contribution and return it to us:. Before you complete a financial assessment you will need to apply to Social Care Direct to have a care needs assessment. You must provide the Direct Payments Team with the following paperwork on request in order to reconcile the account Copy of insurance certificate Copies of payslips or invoices Evidence that payments are being made to HMRC It is important that you provide the necessary information within the specified time otherwise the council may suspend or withdraw your direct payment and make alternative arrangements to meet your care and support needs. As part of the financial assessment, you will need to send us evidence of your income, savings and outgoings, as set out in the form. Modal headline Close. You can upload evidence from your computer, and save and resume the form later if you need to. Who can receive direct payments You can receive direct payments if you are aged 16 or over and assessed as having unmet care and support needs. Find out more about financial assessments The financial assessment form must be completed before a Direct Payment can start. Barnet Council has used Wirecard since for some adults and family social services payments.

Call for a free initial financial planning initial consultation. Simon Prestcote specialises in helping private customers with pension and retirement planning, investment planning, and estate planning. Simon became a Chartered Wealth Manager in January

Financial Assessment Team Telephone: Email: financial. These adverts enable local businesses to get in front of their target audience — the local community. Please ensure your prepaid card is only used to pay for goods and services agreed in your Care and Support Plan. If you choose to have a managed account, the Council will pay the direct payment funds into the managed account instead of setting up a prepaid card account. By Emma Innes. Please report any comments that break our rules. The amount that is left over after making these deductions is the amount that you will be asked to pay as your assessed contribution towards the costs of care. How to get a direct payment We require two assessments to be completed in order to set up a direct payment. Once their Personal Budget for social care support has been agreed, users can ask the council to arrange a prepaid card for them. Submit Cancel. You can do this by asking or checking: to see their liability insurance policy if they directly employ their carers if their carers have current DBS checks how they deal with any complaints the agency are registered with the Care Quality Commission that the agency rate is within your approved direct payment budget We will ask you to complete a Direct Payments Agreement.