Prepaid financial services barnet

Direct Payments is a sum prepaid financial services barnet 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.

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

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 a similar way to a debit card, allow people who qualify for financial assistance from the council to pay for services to meet their social care needs. Once their Personal Budget for social care support has been agreed, users can ask the council to arrange a prepaid card for them. The council hopes the card will make it simpler for people to take control of their social care budget by giving them a straightforward means of paying for the support which is right for them, without having to provide proof of payment as was previously the case. Up until now people receiving direct payments have had to open a separate bank account to receive the money and pay for their care. The new cards will allow people to personalise their support without the administrative responsibilities that go along with having a separate bank account for receiving social care funding. The council will remotely monitor the usage of the prepaid cards each month, but is also able to carry out random spot-checks where necessary, and can even put a block on a card if it is not being used for its intended purpose. Before, with direct payments, I had to photocopy bank statements and invoices. 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.

Complete an online financial assessment. You should also note that your prepaid card cannot be used to withdraw cash. We will ask you to complete a Direct Payments Agreement.

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 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

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 a similar way to a debit card, allow people who qualify for financial assistance from the council to pay for services to meet their social care needs. Once their Personal Budget for social care support has been agreed, users can ask the council to arrange a prepaid card for them. The council hopes the card will make it simpler for people to take control of their social care budget by giving them a straightforward means of paying for the support which is right for them, without having to provide proof of payment as was previously the case. Up until now people receiving direct payments have had to open a separate bank account to receive the money and pay for their care.

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Before you complete a financial assessment you will need to apply to Social Care Direct to have a care needs assessment. You can do this by asking or checking:. Find out more about support for carers. For non-residential care We take into account assessable income and: Attendance allowance Disability Living Allowance care Personal Independence Payments daily living For further information about the income that is taken into account when assessing a contribution, please contact the Financial Assessment Team on: Telephone: Email: financial. We had put in place a range of mitigations so the impact of this on users of our prepaid cards has been minimal. The invoice provides information about the ways you can pay. 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. Payments such as personal assistant PA wages and HMRC or agency invoices are made on your behalf by the payroll provider You will still have full control over your direct payments and will be responsible for the appropriate use of your funds. You can receive direct payments if you are aged 16 or over and assessed as having unmet care and support needs. These adverts enable local businesses to get in front of their target audience — the local community. Show more articles. Please report any comments that break our rules.

How much you contribute towards the cost of your support will depend on your income and the savings you have.

How much you contribute towards the cost of your support will depend on your income and the savings you have. If you disagree We'll always explain how we have worked out your contribution. Comments: Our rules 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. Direct payments are designed to be used however you need, as long as it meets eligible care and support needs identified in your care and support plan. The invoice provides information about the ways you can pay. Complete an online financial assessment. Financial support from us. It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times. When working out your contribution we make allowances for personal expenses allowances residential care and a guaranteed minimum income amount non-residential care. It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times. 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.