| |
| |
| |
Centre for Policy on Ageing | |
 | |
|
Financing later life
— why financial capability agendas may be problematic | | Author(s) | Debora Janet Price |
| Journal title | Working with Older People, vol 19, no 1, 2015 |
| Publisher | Emerald, 2015 |
| Pages | pp 41-48 |
| Source | www.emeraldgrouppublishing.com/wwop.htm |
| Keywords | Financial services [older people] ; Income [older people] ; Pensions ; Finance ; Social policy ; Government publications ; Literature reviews. |
| Annotation | The author examines UK government policy documents from the foundation of the Financial Services Authority (FSA) in 1997 until 2013. She analyses these documents to understand the discourses of government for the financing of later life, how powerful these discourses are, and what influence they have on policy and society. The paper shows that the government considers the promotion of the financial capability agenda to be a solution to structural problems in the provision of old age welfare. By controlling the discourse, non-market-based discussions of welfare are closed, and any need for examination of the structural causes of inequality in old age is made invisible. The discourse prevents critique of the individualisation of risk and market provided welfare and service delivery; and failures of policy become the failures of individuals as both consumers and regulators. The financial capability agenda sounds so sensible and has enrolled so many different organisations in its delivery that it is rare to reflect on the cultural and political assumptions that lie behind these discourses. When these are analysed, the author observes that individualised discourses surrounding money and welfare in later life are so powerful that more collective solutions to issues of financial welfare are closed off from public debate and discussion. This is a revised version of a paper first presented at the 'Portraying Ageing: Cultural Assumptions and Practical Implications' one-day conference held at the British Library on 28 April 2014, which was co-organised with the Centre for Policy on Ageing (CPA) and the School of Languages, Linguistics and Film, Queen Mary University of London (QMUL). (RH). |
| Accession Number | CPA-150619273 A |
| Classmark | J: JF: JJ: WN: TM2: 6OA: 64A |
Data © Centre for Policy on Ageing |
|
| ...from the Ageinfo database published by Centre for Policy on Ageing. |
| |
|
|