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Showing 31 - 40 of 47 results for "Financial abuse"

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 ...

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 ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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