Giving an edge to Financial Services – Workshop

Friday, August 12, 2016 – Friday, August 12, 2016

105-153 Miller Street

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Friday, August, 12th 2016   Venue:  The Boardroom, MLC North Sydney.

Description: Protect your clients against Financial abuse.

Giving an edge to financial service providers for their ageing or disabled clients

This Conference will educate professionals in the Financial Services Sector on Dementia, Financial abuse and Supported Decision Making. In 2016 we are still experiencing increased incidents of elder abuse and in particular financial abuse. How do financial services professionals know when someone is struggling with the management of their finances. This is when questions of financial capacity arise. This conference will assist in answering questions on not only how Financial Managers and Accountants become aware of undue influence and capacity issues but what they can do if there are questions related to capacity or appropriateness of decisions? What are the risks and liabilities?

Topics to be covered 

1.      What is dementia?

2.      Dementia and financial decision making

Objectives:  Practitioners will understand:-

o   Dementia

o   The concept of financial capacity

o   How can I help customers whom I suspect are struggling with their financial affairs due to dementia or intellectual disability? How can I tell if they are struggling?

3.      Financial Abuse: what can financial service professionals do?

Objectives:  Practitioners will understand:-

o   What to do if I “smell something fishy going on” and suspect financial abuse or influence? What is undue influence?

o   What are my risks and liabilities in this setting?

CPD Accreditation

Financial Planning Association of Australia: FPA Accreditation number 007824 for 1.15 hours
This activity has been accredited for continuing professional development by the Financial Planning Association of Australia but does not constitute FPA’s endorsement of the activity.
CPA Australia:
“Activity that increases your knowledge, skills and ability to do your job can be included in your CPD records. To gain as much value as possible from your CPD activity, it is recommended to focus on its relevance to your role and your career development plan.”
Chartered Accountants Australia and New Zealand:
“Members of the Institute may claim this activity as formal Qualifying Hours if personally satisfied it is professionally relevant and meets the Training and Development characteristics set out in Regulation 7.”