Research Repository

The New Caring: Financial Asset Management and Older People

Tilse, Cheryl and Wilson, Jill and Setterlund, Deborah and Rosenman, Linda (2007) The New Caring: Financial Asset Management and Older People. Annals of the New York Academy of Sciences, 1114 (1). pp. 355-361. ISSN 0077-8923

Full text for this resource is not available from the Research Repository.

Abstract

Increasing longevity and the growing proportion of the aged in the population in most countries have served to focus on the question of how governments and older people can finance living, health, and care options in retirement. Prudent management of income and assets is an increasingly complex and important aspect of aging as assets and expectations of self-financing increase. Although many informal caregivers act as asset managers and/or substitute decision-makers for older people, little attention has been paid to this increasingly important aspect of care. This paper summaries key findings of a broad research program exploring family involvement in the management of older people's assets and the practices that constitute good practice as well as financial mismanagement and abuse. It identifies multi-level and multi-strategy responses needed to address the issues raised by the research and outlines an innovative community demonstration project aimed at improving financial management practices in relation to older people's assets.

Item Type: Article
Uncontrolled Keywords: ResPubID14358, aging, asset, caregiving, financial abuse
Subjects: FOR Classification > 1502 Banking, Finance and Investment
FOR Classification > 1603 Demography
FOR Classification > 1607 Social Work
Faculty/School/Research Centre/Department > Other
Related URLs:
Depositing User: VUIR
Date Deposited: 30 Aug 2011 00:30
Last Modified: 10 Apr 2013 04:09
URI: http://vuir.vu.edu.au/id/eprint/3422
DOI: 10.1196/annals.1396.015
ePrint Statistics: View download statistics for this item
Citations in Scopus: 4 - View on Scopus

Repository staff only

View Item View Item

Search Google Scholar