Vulnerability register launched

Industry News | 13/09/19

A group of financial services professionals have launched a register aimed at preventing vulnerable customers from developing financial problems.The Vulnerability Registration Service (VRS), is a not-for-profit initiative designed to help with money decisions and combat the associated risks to mental health arising from vulnerabilities.

In a statement the founders explained that the VRS is a tool to help people who consider themselves to be financially vulnerable and in need of help to register their details online, free of charge, and indicate to businesses and organisations they deal with that they require sensitive handling and support.

Source: Insurance Age