financial abuse

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 …

White House Announces Coordinated Effort To Combat Elder Financial Abuse

Posted on 06/18/2012 by | Money and Work | Comments

Bulletin Today | Home & Family | Money & Savings | Your LifeHealth and Human Services Secretary Kathleen Sebelius announced Thursday that a coordinated federal effort has been put in place to address the devastating and increasing problem of elder financial abuse. At a White House forum on elder abuse and financial exploitation, Sebelius says a $5.5 million grant under the Affordable Care Act will be used to create a federal elder justice coordination team, including officials from the Justice Department and the Consumer Financial Protection Bureau (CFPB). That team will examine previously “fragmented” elder abuse initiatives …

Be Smart With Your Moola!

Posted on 04/11/2012 by | All the news that matters for Illinoisans over 50. | Comments

Your LifeHey there blog readers,  Jenn here from the communications team. In this week’s blog post I want to call your attention to some great free events that are coming up on all things financial.  Did you know that this year marks the 10th anniversary of “Money Smart Week”?  Never heard of it, you say? Money Smart Week began as a coordinated effort of the Money Smart Advisory Council, a diverse group of more than 40 Chicago-area organizations working together to …