Do welfare check up on savings and investments when claiming for welfare? what's to stop people from just not declaring them? how do they prevent this from happening?
If you are claiming a benefit (JB or Illness Benefit) SW do not check your savings but if your entitlement runs out and you wish to claim an Allowance the means test will apply.
Details of savings and investments will then be requested. Failure to provide these honestly will result in penalties
how though ?? if you have savings could you not offload them until after your means are assessed. I'm not condoning this or going to do this myself but is it simply a case of welfare relying on honesty more than anything else?