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Financial Planning Association of MA Supports Initiative for Elder AbusePrevention Grant

The Massachusetts Executive Office of Elder Affairs has submitted a proposal to develop a training program for financial advisors to help them meet the challenges of serving people with Alzheimer’s disease.

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Sep. 27, 2012 - Financial Planning Association™ of Massachusetts (FPA of MA)  formally supports an  application from the Massachusetts Executive Office of Elder Affairs (EOEA) to the U.S. Department of Health and Human Services’ Administration on Aging for an Elder Abuse Prevention Grant.

The Massachusetts EOEA has submitted a proposal to develop“It is part of our core vision to elevate public awareness and financial literacy among consumers and promote professional ethics and education for professionals,” said John Napolitano, President of the Financial Planning Association™ of Massachusetts.  “The EOEA’s proposal  is consistent with this vision.”

FPA™ of MA has offered to consult with the EOEA as the agency develops its curriculum to ensure that it contains accurate and current information that meets the needs of financial advisors; once the curriculum is complete the FPA™ of MA will continue to work with the EOEA to explore strategies for FPA™ of MA members to participate in the training and to deliver sections of the training.

“Older adults are highly susceptible to fraud, exploitation and financial self-neglect,” said Napolitano.  “With the number of people with Alzheimer’s disease expected to reach 140,000 in this country by 2025, this intervention could not be more timely.”



About the Financial Planning Association™ of Massachusetts

Since the year 2000, the FPA™ MA has sought to foster the value of financial planning and advance the financial planning profession in the Bay State. Our 900 members are dedicated to the financial planning process, which entails establishing personal and financial goals and creating a way to reach them. FPA™MA believes that everyone needs objective advice to make smart financial decisions and that when seeking the advice of a financial planner, the planner should be a CFP® certificant.
Many FPA™ MA members engage in philanthropic pro bono work in their communities. They also recommend legislation, elevate public awareness, promote financial literacy, and advocate for sound economic and tax policies. We welcome all those who advance the financial planning process and promote the CFP® mark as the cornerstone of the financial planning profession. For more information please call 866-804-0484 or visit www.fpama.org.

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Industry:Finance
Tags:financial planning, estate planning, retirement planning
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