Centre for Policy on Ageing
 

 

Old money
 — financial understanding for older adult learners
Author(s)Sheila Carlton, Jim Soulsby, Di Whitelegg
Corporate AuthorNIACE - National Institute of Adult Continuing Education
PublisherNIACE, Leicester, 2002
Pages86 pp
SourceNIACE, 21 De Montfort Street, Leicester, LE1 7GE.
KeywordsFinancial services [older people] ; Financial institutions ; Adult Education.
AnnotationMany older people consider that the rapidly changing and complex world of finance leaves them marginalised, and can engender a sense of powerlessness. This report follows on from a NIACE briefing paper for the DfES, "Financial literacy and older people". It sets the context in relation to financial exclusion, and the need for better financial knowledge, understanding and skills, especially for older people. Their lower participation in learning is identified as a problem that needs to be tackled. The report looks at the relationships between those who provide financial services, and the role adult education has in improving "financial literacy". NIACE project and development work with partner agencies on curriculum materials is described. Examples of existing programmes and suggestions on ways of extending the curriculum to improve financial knowledge are outlined. The report makes recommendations that are aimed at government, education providers and other agencies. (RH).
Accession NumberCPA-030120208 B
ClassmarkJ: WNL: GP

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