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Showing 11 - 20 of 30 results for "financial abuse"

ABA moves to protect vulnerable customers

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
... elder abuse hotline and an $18 million investment into services to support victims. Elder abuse can often include financial abuse and is likely to be a subject of the Royal Commission into Aged Care Quality and Safety. All stakeholder groups as well ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... Centrelink, Age Pension eligibility, the National Disability Insurance Scheme, general healthcare, aged care and elder financial abuse. According to SCOA's 2018 annual report, the decline in membership substantially impacted its financial position ...

Government allows domestic violence victims early super access

HARRISON WORLEY  |  TUESDAY, 20 NOV 2018
... or former partner each week. "Women often escape a violent situation with limited assets and serious debt, as financial abuse is almost always present where there is family violence," Blakey said. "Superannuation is often the only remaining shared asset ...

Retirement living advice is an opportunity: Challenger Financial Standard Technical Services Forum

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... Government announced its intention to establish a Royal Commission into the aged care sector and is calling for elder financial abuse to be scrutinised. Highlighting concerns with the state of aged care services, Prime Minister Scott Morrison said a ...

Government establishes aged care Royal Commission

HARRISON WORLEY  |  MONDAY, 17 SEP 2018
A prominent law firm believes elder financial abuse should form one of the main issues to be examined at the newly established Royal Commission in to the aged care sector. Maurice Blackburn Lawyers welcomed the Federal Government's intention to establish ...

Financial abuse: A hidden epidemic

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... services to date. It is estimated up to 90% of women affected by domestic and family violence are experiencing financial abuse. The program offers access to independent specialist trauma counsellors, financial assistance, safe establishment of bank accounts ...

New campaign combats elder financial abuse

KARREN VERGARA  |  MONDAY, 18 JUN 2018
Several organisations are joining a new campaign to help tackle elder financial abuse. The Australian Banking Association, National Seniors, Council on the Ageing, Older Persons Action Network and the Financial Services Union are calling on state governments ...

Westpac extends domestic violence support services for staff

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2017
... financial services organisation, Westpac is in a fortunate position to assist employees in overcoming the effects of financial abuse. Cooper, who doubles as executive chair of Westpac's domestic and family violence employee action group, said: "During ...

Major banks overlooking elder abuse

KARREN VERGARA  |  TUESDAY, 14 NOV 2017
The Australian Bankers Association and the four major banks aren't doing enough to prevent elder financial abuse, particularly within branches where they are most vulnerable, an advocate group said. Michael Riley, chief executive of not-for-profit organisation ...

Cyber training is advice value-add: AUSTRAC

DARREN SNYDER  |  THURSDAY, 12 OCT 2017
... on the Gold Coast, Hawkins agreed with a point that email is a vulnerability for financial advice firms and for financial abuse. He believes there is a role for advisers to educate their clients around the importance of cybersecurity. "The idea of training ...