The content focuses on the tragic case of Molly Wilkes, who died by suicide after years of domestic violence abuse. Molly had experienced financial abuse from her husband, including requests for money, attempts to access her inheritance, and actions that made her feel like a financial burden. Despite listing her mother as her beneficiary, her husband was the only eligible superannuation dependent under current laws, and he ended up receiving her super and death benefit. This situation highlights the ways in which financial institutions can inadvertently facilitate financial abuse in domestic violence situations.
Adams’ submission provides insight into four ways that financial institutions can help reduce the risk of financial abuse. Suggestions include updating terms and conditions to prevent misuse of products and services, implementing stricter witnessing requirements for superannuation binding death benefit nominations, and introducing a new ‘domestic violence related suicide’ cause of death for death certificates. These measures aim to provide greater protection for victims of domestic violence and prevent situations like Molly Wilkes’ from occurring in the future.
A 2022 WA Ombudsman report revealed that 59 women over the age of 18 who were known victims of domestic violence took their own lives in 2017, with DV-related suicide accounting for 56 percent of female suicides. The report emphasizes the alarming prevalence of domestic violence-related suicide and the urgent need for increased awareness and support for victims. Adams highlights the stark reality that victims of domestic violence are ten times more likely to die by suicide than to be murdered by their abuser, underscoring the devastating impact of domestic violence on mental health and well-being.
The case of Molly Wilkes sheds light on the insidious nature of domestic violence and financial abuse, demonstrating how these issues can intersect and have tragic consequences. Despite Molly’s efforts to protect herself and her assets, the legal system failed to prevent her husband from benefiting financially from her death. By advocating for systemic changes in how financial institutions handle cases of domestic violence, Adams aims to prevent future tragedies and ensure that victims are adequately protected and supported.
Adams’ submission calls for a more comprehensive response to domestic violence-related suicide, including improved preventative measures and support systems for victims. By addressing the root causes of domestic violence and providing resources for those in need, society can work towards reducing the prevalence of such tragic incidents. The story of Molly Wilkes serves as a poignant reminder of the devastating impact of domestic violence and the urgent need for action to protect and support those at risk.
In conclusion, the case of Molly Wilkes highlights the devastating consequences of domestic violence and financial abuse, emphasizing the urgent need for systemic changes to better protect victims and prevent further tragedies. By raising awareness of the intersection between domestic violence and suicide, Adams’ submission calls for greater support and resources for those at risk. Through advocacy and policy changes, society can work towards creating a safer and more supportive environment for victims of domestic violence, ensuring that their voices are heard and their rights are protected.
