According to The United States Census Bureau, the population of the United States is rapidly becoming older. One of their latest projections says that 20 percent of the country’s population will be over the age of 65 by 2030.
As the U.S. population ages, the financial abuse of seniors and vulnerable adults has become an increasingly important consumer and compliance issue.
The course, Recognizing Financial Exploitation, satisfies expanding state and federal regulatory requirements to detect and report financial exploitation.
Learn why this is a growing issue, common types of exploitation, the evolving regulatory environment, and steps being taken by firms to protect senior clients.
LIMRA Announces Its Online Training - Recognizing Financial Exploitation – Complies with the New Federal Law Aimed to Protect Elderly Americans from Financial Fraud
WINDSOR, Conn., May 31, 2018 – LIMRA today announces its training program, Recognizing Financial ExploitationTM (RFE), complies with the training requirement within the Senior Safe Act, which President Trump signed into law as part of the Banking Reform package on May 24, 2018.
WINDSOR, Conn., March 30, 2016 – LIMRA today announced the winners of its contest to recognize the top 25 Rising Stars of Distribution under 40 in the financial services industry.
WINDSOR, Conn., March 7, 2016 — LIMRA today announced that Robert O’Neill, one of the most highly decorated combat veterans, will address a general session of the LIMRA 2016 Annual Conference, which will be held Oct. 23–25, 2016, in Chicago.
During his 2013 Annual Conference speech, LIMRA CEO Bob Kerzner highlighted the importance of using big data and analytics to get a more holistic view of consumers’ preferences and behaviors to better engage with them.
The holiday season can be stressful, without having to worry about household finances. In this episode of LIMRA Unplugged, LIMRA's Alison Salka and Jim Kerley offer three ways advisors and companies can help consumers combat financial stress.