Sometimes, elder financial abuse happens when someone persuades an older person to withdraw money from their super for someone else’s gain. It might be framed as helping a loved one or supporting a cause, but it can leave the member financially vulnerable.
We encourage our members to think carefully before making withdrawals and to contact us if they feel uncertain or pressured. We also have processes in place to identify and respond to suspicious activity, helping safeguard our members’ financial wellbeing.