Lincoln Investment Shines Spotlight On Elder Abuse Awareness Day 2025
Fort Washington,Pa. – June 12, 2025 – Lincoln Investment is preparing to recognize World Elder Abuse awareness Day on June 15th, 2025. This day, initiated by the International Network For The Prevention Of Elder Abuse And The World Health Organization, serves as a global call to action, promoting a deeper understanding and raising awareness about the abuse and neglect faced by older adults.
Lincoln Investment actively champions this crucial cause by equipping its financial professionals wiht essential education and resources designed to safeguard their clients from financial exploitation. The firm’s commitment underscores the importance of proactive measures in protecting vulnerable individuals within the investment landscape.
Combating Elder Financial Abuse Through Education
Nancy heffner, CRCP®, Vice President and deputy Chief Compliance Officer at Lincoln Investment, emphasizes the critical role of education in preventing financial scams.”Sadly, statistics show that bad actors are finding more ways to manipulate investors out of their life-long savings in billions of dollars every year. One of the best ways to turn the tide is through education – learning about the common scams and tricks that are being used so you recognize the signs when you see them,” Said Nancy Heffner.
by educating both financial professionals and investors, Lincoln Investment aims to create a more secure environment for seniors, empowering them to recognize and avoid potential threats.
The Power Of A Trusted Contact Person (Tcp)
Lincoln Investment places significant emphasis on the importance of adding a Trusted Contact Person (TCP) to investment accounts. Tcp Not Only Helps To Identify Suspected Fraudulent Activity But Can Act As A Valuable Resource If/When An Issue Arises.
The company has developed resources, including videos and flyers, to help financial professionals discuss the benefits of naming a TCP with their clients. This proactive approach provides an additional layer of protection against potential financial exploitation.
Training And Reporting Mechanisms
Lincoln Investment extends its commitment by providing complete training to all associated personnel. This training focuses on identifying and reporting instances of financial exploitation targeting senior and vulnerable adult investors,equipping them with the knowledge to act swiftly and effectively.
For further inquiries or additional information, individuals are encouraged to reach out via email to [email protected].
Lincoln Investment: A Leader In Financial Services
With a proven track record spanning over 56 years , Lincoln Investment stands as a premier broker-dealer, boasting a network of approximately 1,000 financial professionals across the nation. The company caters to the diverse financial needs of around 317,000 clients, managing assets totaling $55 billion.
Lincoln Investment’s dedication to excellence has earned it recognition as one of the Top Workplaces in the delaware Valley for the 15th consecutive year in 2024. The company continues to innovate and provide comprehensive investment strategies to its broad client base.
Disclaimer: Investment involves risk. Consult with a financial advisor before making investment decisions.
For more information, visit www.lincolninvestment.com or follow Lincoln Investment on LinkedIn, X, or Facebook.
| Initiative | Description |
|---|---|
| Education Programs | Providing financial professionals with resources to educate clients on fraud prevention. |
| Trusted Contact Person (TCP) | Encouraging clients to name a TCP on their accounts for added security. |
| Training on Exploitation | Training staff to identify and report financial exploitation of vulnerable adults. |
Understanding elder Financial Abuse: Evergreen Insights
Elder financial abuse remains a pervasive issue, impacting countless seniors across the globe.According to the National Council On Aging, elder financial exploitation costs seniors billions of dollars each year.
Recognizing common scams is a crucial step in prevention. These include:
- Phone scams
- Investment schemes
- Home repair fraud
- Grandparent scams
Pro Tip: Regularly review financial statements and credit reports for any unauthorized activity. Never give out personal information over the phone unless you initiated the call.
Did You Know? Many states have enacted laws requiring financial institutions to report suspected elder financial abuse. This collaborative approach helps protect vulnerable adults.
What steps can you take to protect your loved ones from elder financial abuse? have you discussed financial safety with your family recently?
Frequently Asked questions (Faq) About Elder Financial Abuse
Share your thoughts: What are the most effective strategies for preventing elder financial abuse in your community? Leave a comment below.
