PFAC is Working Hard to Combat Elder Financial Abuse

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Elder financial abuse strikes one in four seniors in the United States and costs more than $3 billion annually according to a recently released study. PFAC is working hard to combat this problem and was instrumental in the original passage of the 2006 Professional Fiduciary Act, which established the Professional Fiduciaries Bureau (PFB), a license and disciplinary body that oversees abuses and regulates the profession. 

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