 | |
|
| Carers and the management of financial assets in later life |
| Author(s) | Hilary Arksey, Anne Corden, Caroline Glendinning |
| Corporate Author | Social Policy Research Unit - SPRU, University of York |
| Publisher | Social Policy Research Unit, University of York, York, September 2006 |
| Pages | 4 pp (Research works, no 2006-02) |
| Source | SPRU, University of York, Heslington, York Y010 5DD. http://www.york.ac.uk/spru Full report can be downloaded from: http://www.york.ac.uk/inst/spru/pubs/pdf/IoA.pdf |
| Keywords | Savings ; Financial services [older people] ; Information needs ; Informal care ; Paid welfare workers ; Care home staff ; Elder abuse ; Research Reviews. |
| Annotation | Helping older people manage their financial assets is a common experience for relatives and friends. Policy and practice have concentrated on protecting vulnerable adults and developing formal arrangements for people who are unable to make their own decisions. Recognition of the role of relatives and friends in managing older people's assets is limited. This exploratory review draws attention to the growing importance and complexity of asset management, and the information needs of older people and their carers. One of the seven key findings details that the extent of deliberate financial abuse is unclear; doubtful practices may reflect carers' ignorance or misunderstanding of the complexities of managing someone else's finances. The review has also identified gaps in knowledge and questions for further research. The research was funded by the Actuarial Profession and conducted in early 2006. The authors' full report, published as 'Minding the money: carers and the management of financial assets in later life', is available on the Social Policy Research Unit (SPRU) website. (KJ/RH). |
| Accession Number | CPA-070213209 P |
| Classmark | JDD: J: UV:IK: P6: QP: QRM: QNT: 3A:6KC * |
Data © Centre for Policy on Ageing |
|
| ...from the Ageinfo database published by Centre for Policy on Ageing. |