Recommendations released aimed at preventing financial abuse of seniors

The Financial and Consumer Services Commission has released recommendations aimed at preventing the financial abuse of seniors. 

Government says the recommendations follow research and consultation that occurred across the province between November 2017 and February 2018. 

The recommendations coincide with World Elder Abuse Awareness Day, which is recognized and supported by many organizations around the world to prevent elder abuse. 

The federal government reports the most common form of elder abuse in Canada is financial abuse. 

Rick Hancox, the CEO of the commission, says the recommendations include legislative changes around the definition of financial abuse and protections for those who report it, support for industry professionals who suspect clients may be victims of abuse, and educational initiatives to raise awareness of financial abuse.