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Managed Account

A Managed Account is a financial management tool for people who may need or want additional support managing their care monies. This could be direct payments, personal or individual budgets and/or Independent Living Fund monies. All the funding from an individual's care package (including any contributions they pay) is received by Penderels Trust.

We will arrange to pay all the agreed outgoings for their care from the money we hold on their behalf. The individual retains full responsibility for their own personal money. The individual is able to focus on directing how the monies are spent whilst Penderels Trust actually pays the agreed support package bills from the funding received.

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Appointeeships
Promoting Financial Independence
Company Registration Number: 3560335 | Charity Registration Number: 1073513  
Penderels Trust, Seven Stars Estate, Wheler Road, Whitley, Coventry, CV3 4LB | 02476 511611 Get Browse Aloud
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