Protecting Seniors
Seniors are one of the fastest growing populations in the country, and many seniors are leading healthy and vibrant lives. However, those who exhibit signs of cognitive decline or are vulnerable to financial abuse need to be supported and protected.
IFIC has developed two checklists aimed at helping advisors prepare for the challenges of working with aging investors – one on cognitive decline and the other on financial exploitation.
- Advisor Insights: Meeting the Needs of Investors with Cognitive Decline
- Advisor Insights: Protecting Investors from Financial Exploitation
These checklists will help advisors broach these sensitive topics with their clients before problems arise and know what actions to take if they become concerned that a client may be at risk.
On social media, IFIC is actively promoting awareness of issues that impact seniors, and providing tips to help advisors provide meaningful and appropriate advice to their senior clients.
