Guide
Supporting women’s financial safety
A guide to prevention and action on financial abuse within the financial service sector
Publisher
Consumer protection
Financial abuse
Financial services industry
Australia
Description
The financial wellbeing of customers is a growing area of focus within financial service organisations, with hardship and equity teams managing the needs of vulnerable customers. Women are overrepresented as victims of financial abuse. While hardship teams can provide significant support, greater focus on prevention would help minimise the harm caused.
This guide provides user-friendly checklists for financial service organisations to better understand, prevent and address financial abuse.
The purpose of this guide is to support organisations to build knowledge and awareness of financial abuse and develop industry best practice.
Publication Details
Copyright:
Commonwealth of Australia 2022
Access Rights Type:
open
Post date:
19 Jul 2022
