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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.
© 2020 Manulife. The persons and situations depicted are fictional and their resemblance to anyone living or dead is purely coincidental. This media is for information purposes only and is not intended to provide specific financial, tax, legal, accounting or other advice and should not be relied upon in that regard. Many of the issues discussed will vary by province. Individuals should seek the advice of professionals to ensure that any action taken with respect to this information is appropriate to their specific situation. E & O E. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Any amount that is allocated to a segregated fund is invested at the risk of the contract holder and may increase or decrease in value.



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