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Showing 21 - 30 of 30 results for "Financial abuse"

Retirement advice will take hit from education reform

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2017
... issues such as sequencing risk, exit strategies for SMEs, maximising welfare entitlements, strategies for avoiding financial abuse and longevity risk, Sinclair said. "This need is going to increase drastically as more and more Baby Boomer workers and ...

Education key in combatting elder financial abuse

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2017
... practices will be able to equip staff with greater knowledge and understanding around identifying and preventing elder financial abuse through a selection of new education and training materials. Protecting Seniors Wealth has launched a range of resources ...

CBA backs financial counselling

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
... people affected by domestic and family violence, to enhance their skills in identifying and measuring the impact of financial abuse. The bank has also committed a further $500,000 to the Jan Petland Foundation to annually fund 10 scholarships over the ...

Elder financial abuse requires education

KARREN VERGARA  |  TUESDAY, 18 APR 2017
The SMSF Association believes preventing elder financial abuse requires increased education for trustees and advisers, not stricter legislation. The dangers emerging from an ageing population and cognitive decline makes elderly superannuation fund members ...

FSC speaks out against elder financial abuse

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
... financial services providers play a significant role in identifying and helping to prevent the growing issue of elder financial abuse. "As we face the challenges of an ageing population, this responsibility is one we take most seriously. We congratulate ...

Women behind in financial wellness survey

ALEX BURKE  |  TUESDAY, 20 SEP 2016
... that this gender disparity was potentially due to factors including workplace discrimination, wage ceilings and financial abuse in relationships. More broadly, the majority of those in the highest financial wellness category ("superstars") were financially ...

Retirement system needs work: Actuaries

DARREN SNYDER  |  THURSDAY, 28 JUL 2016
... that the Age Pension is sufficient at older ages. On the other hand, they may have lost money due to dementia, financial abuse of some kind, or poor decision making," Dr Asher said. The first study came from actuaries Plan For Life and was sponsored ...

Financial services given hand to protect seniors

DARREN SNYDER  |  FRIDAY, 27 MAY 2016
... group Protecting Seniors Wealth has launched a new education program designed to address an increasing trend in financial abuse of the ageing demographic. The program titled "Lead with impact" consists of workshops, presentations, tailored training and ...

Advisers beware the uncomfortable truth of the ageing brain

MARK SMITH  |  FRIDAY, 13 MAY 2016
... study by Monash University commissioned by States Trustees found that 5% of Australians over 65 have experienced financial abuse. "Advisers are in a 'damned if I do, damned if I don't' situation when they have a client who begins to show signs of cognitive ...

Actuaries re-enter super housing debate

DARREN SNYDER  |  MONDAY, 14 MAR 2016
... equity release schemes and downsizing. It also discusses regulatory protection for the elderly to help prevent financial abuse. The report highlights other options for consideration by policymakers including a review of banking practices that constrain ...
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