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Managing the financial assets of older people
 — balancing independence and protection
Author(s)Cheryl Tilse, Deborah Setterlund, Jill Wilson
Journal titleBritish Journal of Social Work, vol 37, no 3, April 2007
Pagespp 565-572
Sourcehttp://bjsw.oxfordjournals.org
KeywordsSavings ; Assets [elderly] ; Financial services [older people] ; Independence ; Social surveys ; Australia.
AnnotationFamily involvement in managing older people's financial assets is an important area in policy and practice. This importance relates to the complexity of older people's assets, systems for paying for care, and concerns around substitute decision-making and financial abuse. Although a common task of informal care, little is known about older people's experiences and wishes in relation to asset management. This paper reports on a qualitative study of the experiences and perspectives of 34 older Australians receiving such assistance. It identifies three scenarios that promote or inhibit dependence in this context, and draws out the challenges for this emerging area of practice with older people and their families. (RH).
Accession NumberCPA-070614208 A
ClassmarkJDD: JD: J: C3: 3F: 7YA

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