Double-digit increase in accountants requiring support

by Kevin Reed

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01 Apr 2014

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ACCOUNTANTS needing support and assistance increased by a double digit figure during 2013, according to charity.

More than 3,500 chartered accountants were helped by the Chartered Accountants Benevolent Association (CABA), a 17% increase on the previous year, with a big rise in the number of younger members accessing the service.

Some 870 people were provided with bespoke support packages, a 34% increase on the previous year. Requests for help and advice for the under-35 and 35-49 year old groups were up 115% and 65% respectively.

Financial assistance was provided to 142 chartered accountants and their dependants with ill-health or disabilities.

Eleven emergency food parcels were issued in 2013, compared to one in 2012. Emergency winter fuel payments were made to 102 people during the year.

Kath Haines, CABA chief executive, said: "In 2013, we focused on working to make CABA the first port of call whenever chartered accountants or their families needed confidential help, whether they were facing a complex crisis, required practical advice or just needed someone to talk to."

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