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Showing 1 - 10 of 27 results for "financial abuse"

More work needed to end financial abuse

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
... its draft plan to end violence against women and children, the superannuation industry is calling for action on financial abuse and control. The Australian Institute of Superannuation Trustees (AIST) chief executive Eva Scheerlinck said while the government's ...

Financial elder abuse programs launch

KARREN VERGARA  |  TUESDAY, 11 JAN 2022
... psychological and/or emotional abuse. Six in 10 older Australians are worried that someone they know will be the victim of financial abuse, according to the Australian Banking Association. Such abuse is expected to be more prevalent as Australia's population ...

Granny flat tax exemption to become law

ANNABELLE DICKSON  |  MONDAY, 19 APR 2021
... consultation on exposure draft legislation that will reduce the tax burden on granny flats in a move to prevent elder financial abuse. The legislation follows the budget announcement that the government would provide a targeted capital gains tax (CGT) ...

New course helps advisers recognise financial abuse

JULIA NEWBOULD  |  TUESDAY, 5 MAY 2020
... advisers will soon have access to a tool which will make it easier to recognise some of the tell-tale signs of financial abuse, which may be affecting their clients. The Financial Abuse Specialist certification course is a program designed by Queensland-based ...

Planners can prevent financial abuse

ELIZABETH MCARTHUR  |  FRIDAY, 29 NOV 2019
... FPA Professionals Congress speakers who specialise in protecting vulnerable, elderly and disabled people from financial abuse shared how planners can be part of the solution. Anne McGowan, chief executive of Protecting Seniors Wealth, started with practical ...

NAB launches team for vulnerable customers

KRISTI CHENG  |  TUESDAY, 17 SEP 2019
... customers to community partners, we have been able to provide much needed assistance to those experiencing elder and financial abuse, mental illness and credit card debt," she said. At the request of customers, NAB has also applied restrictions on gambling ...

FEW recognises Thalia Stanley Group founder

KARREN VERGARA  |  MONDAY, 1 APR 2019
... work has shown me that financial literacy is proven to be a preventative solution to poverty, homelessness and financial abuse of women." Judith Beck, the founder and chief executive of FEW, said the speakers and panellist were chosen for their expertise ...

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 ...
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