Bernie Madoff

Protect Your Parents From Financial Fraud

Posted on 04/12/2013 by |Money and Work | Comments

Bulletin Today | Money & SavingsUpdate: Here’s some news you’ll want to share with your parents to avoid the heartbreak of fraud and abuse at the hands of financial professionals. A new guide by the Certified Financial Planner Board of Standards, called “Financial Self-Defense for Seniors,” has been developed to help older adults understand the designations, certifications and fiduciary responsibilities (which require them to act in the best interest of their client) of financial experts. Some so-called designations are nothing more than marketing tools, the board …