Do You Have a Trusted Contact Person?

What is a Trusted Contact Person? The concept of a Trusted Contact Person (TCP)  was mandated by Canadian securities regulators in 2021. The purpose of asking clients to name a TCP is to provide an additional layer of protection for the vulnerable, particularly seniors, who are...

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Financial Elder Abuse

Several years ago, I received a phone call at the discount investing call centre where I worked. An older woman was on the line. She wanted to buy a particular investment. I noticed that she was being “coached” by someone near her on what she...

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