Financial Abuse Awareness

A ½-day course to increase awareness, build confidence and equip customer-facing teams with the knowledge and skills to identify and respond to financial abuse.

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Overview

Who it's for

Reviews

Course content

Benefits

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Course overview

Duration

Half-day

Delivery

In-person or virtual

Delegates

Max. 16 delegates

Fee

£1,600 + VAT

Financial abuse can be complex, hidden and difficult to disclose. Organisations play a critical role in recognising the signs and responding appropriately. The way we engage with customers may either reduce harm or unintentionally increase risk. During this course we explore how to make a safe, supportive and informed difference.

Through insight, discussion and case study learning, delegates will gain practical tools to better support customers experiencing financial harm or control. There will be the opportunity to reflect, share experiences, develop practical questioning techniques and participate in activities and scenario-based discussions.

Financial abuse and the broader topic of domestic abuse can be a triggering and upsetting subject to talk about. It is important to remember that delegates attending this course may need an opportunity to quietly reflect or talk to someone they trust following the course.

Who is this course for?

  • Customer-facing staff
  • Claims handlers
  • Complaints handlers
  • Collections and arrears teams
  • Vulnerability Champions and leads
  • Customer Service Team Leaders

Course Reviews

What this course covers

  • Understanding financial abuse
  • Definitions
  • Who is taking control and how?
  • Who is at risk of being subjected to financial abuse?
  • Supporting customers
  • Recognising the signs/indicators that financial abuse is taking place
  • Understanding direct and indirect disclosure
  • How to handle and respond to suspected financial abuse

How this training benefits your organisation

  • Trained staff can recognise indicators of financial abuse earlier, helping to reduce harm and risk
  • Increased awareness of financial abuse within the context of economic abuse/coercive control
  • Increased staff confidence when handling sensitive conversations
  • Improved customer outcomes through empathetic and informed responses
  • Reduced risk of complaints, reputational damage and regulatory scrutiny
  • A stronger safeguarding culture with clear understanding of boundaries and signposting
  • Employees feel empowered and supported when dealing with complex customer situations

Some of the organisations we support.

United Trust Bank

United Trust Bank identified that vulnerability handling in underwriting is very different to the training and guidance offered to customer service teams.

Wessex Water

Wessex Water were keen to seek an external, objective review from vulnerability experts for continuous improvement.

Power NI

Power NI recognised that their frontline teams were experiencing higher volumes of sensitive disclosures from customers facing vulnerable circumstances.

People’s Partnership

People’s Partnership were keen to fully embed the fair treatment of vulnerable customers within the company culture.

NIE Networks

NIE Networks wanted expert advice on effective ways to embed their ethos of supporting vulnerable customers across the organisation.

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