Financial Delegation

The practice of relying on a trusted person — such as a family member, friend, neighbour, or support worker — to perform financial tasks on one's behalf. Financial delegation is common among older adults and people with cognitive impairments or mental health conditions, yet most financial technology systems neither acknowledge nor support this practice, forcing users to share credentials and creating privacy and exploitation risks. Age-related delegation tends to be long-term and increasing, while mental health-related delegation is often intermittent and unpredictable.