Protect Seniors from Financial Exploitation: A Comprehensive Guide for Professionals and Caregivers.
Older Canadians are frequently targeted by financial scams and abuse—senior financial abuse is the most prevalent form of elder mistreatment. Factors such as confusion, social isolation, diminished capacity, or lack of financial literacy make seniors particularly vulnerable. Financial exploitation can be difficult to detect as it often occurs gradually rather than as a single event.
Given that senior fraud affects all financial products, this course is relevant for all licensed advisors, including Life, A&S, Adjusters, and General.
Learning Outcomes for Financial Advisors
Financial exploitation is the most common type of elder abuse in Canada. Unfortunately, the perpetrators are often family members, close friends, or even trusted professionals. This course will educate advisors on how seniors are exploited, who the abusers are, and how to help protect vulnerable individuals.
Fraudsters also target seniors from outside their circles. Con artists seek out those who are socially isolated, financially insecure, or in poor health. Advisors will gain insights into elder fraud schemes and learn effective prevention strategies. A key takeaway: If it sounds too good to be true, it probably is.
The course offers a comprehensive review of financial exploitation, covering:
By discussing fraud prevention with clients, advisors can strengthen trust and proactively safeguard seniors. Raising awareness is a crucial step in reducing exploitation.
Course Topics:
By completing this course, advisors will be better equipped to recognize, prevent, and address financial abuse, ensuring their senior clients remain informed and protected.
We will continue to provide high quality education, training and materials at the lowest price possible in Canada
Pro-Seminars was started by Tom Miller and Alex Nicholson in 1998. Sadly, Tom passed away in 2020, but the legacy he created continues today with Alex and Tom’s son-in-law, Adam Wyrcimaga, carrying it forward. Pro-Seminars is an all-Canadian company based in beautiful Beamsville, Ontario. It is a leader in its field, specializing in continuing education and training designed specifically for Insurance and Financial Services Professionals. Since 1998, Pro-Seminars has presented in cooperation with many Financial Services companies across Canada, offering convenient, comfortable, and high-quality professional development through Continuing Education Conferences, webinars, 47+ self-study courses, and a wide range of training programs. These courses and seminars are conducted across Canada, as well as through a National Conference held annually. Pro-Seminars utilizes many seasoned, experienced, and professional educators and trainers from financial services and insurance companies, all committed to maintaining the highest educational and ethical standards to best serve their clients and prospects. Continuing Education Credits earned by using any Pro-Seminars service are valid across Canada, regardless of where the credits were attained, through the many provincial reciprocal agreements in place. Alex Nicholson / Co-President E: alex@pro-seminars.com, Adam L. Wyrcimaga / Co-President E: adam@pro-seminars.com
