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Do you have a trusted contact person? - Solutions For Financial Planning* Thumbnail

Do you have a trusted contact person? - Solutions For Financial Planning*

Get an extra level of protection from elder abuse for yourself or someone you love.

 

When the National Initiative for the Care of the Elderly set out to measure elder abuse in 2015, it found that about one in 12 Canadian residents age 55 and older (8.2 per cent) had experienced elder abuse in the previous 12 months. For 30 per cent of those people (1 in 40, or 2.6 per cent), the abuse was financial.[1] That translates into 244,176 Canadians fending off demands for their money, fighting to access their money or sometimes losing their money – in a single year. 

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* This article opens in a new window directing you to Manulife's Solutions for Financial Planning Magazine.
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