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More than 1.6 million Australians are affected by financial abuse each year and people over the age of 50 and the elderly are particularly at risk. By understanding the warning signs of elder financial abuse and preparing your clients for the future, you can help them protect their financial assets.
Did you know that 52% of businesses experienced at least one cybercrime incident last year? And it’s becoming more prevalent in the financial services industry. It’s a worrying trend that could have severe financial and reputational repercussions for any advice practices caught up in a fraudulent transaction.