Description
This in-depth, 90-minute session addresses the growing need for protection against elder financial abuse. You’ll come away with actionable best practices and better prepared to combat elder financial abuse and scams effectively.
When you view this session, you’ll gain the tools needed to protect your older clients from falling prey to scams, as well as…
- Common schemes and red flags
- Learn more about the most prevalent schemes targeting seniors and identify the red flags that can help identify potential exploitation.
- Key Definitions in financial exploitation
- Delve into the definition of elder financial exploitation, its various forms, and the impact it can have on seniors’ lives.
- Mandatory Reporting resources
- Review the mandatory reporting requirements for suspected cases of elder financial abuse and learn what steps to take when you suspect an older adult is being taken advantage of financially.
- Front line staff tools
- Gain practical strategies to protect seniors who bank with your institution and discuss financial protection tools, such as financial power of attorney and guardianship, to safeguard the assets of older adults.
- Operational best practices
- Come away best practices, tools, and guidance you can take back to your institution to protect seniors from financial scams.
Who
This on-demand session is designed for compliance officers, BSA officers, trainers, branch managers, lenders, marketing, and bank management.
