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BJSW Advance Access originally published online on March 7, 2007
British Journal of Social Work 2007 37(3):565-572; doi:10.1093/bjsw/bcm014
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© The Author 2007. Published by Oxford University Press on behalf of The British Association of Social Workers. All rights reserved.

Research Note

Managing the Financial Assets of Older People: Balancing Independence and Protection

Cheryl Tilse, Deborah Setterlund, Jill Wilson and Linda Rosenman

The authors are the lead investigators in the Ageing and Assets Research Program at The University of Queensland. The team has an extensive research programme, exploring asset management and older people, substitute decision-making and financial abuse (www.uq.edu.au/swahs/index.html?page=38558&pid=38561). This paper is based on research funded by the Australian Research Council.

Correspondence to Dr Cheryl Tilse, Director, Postgraduate Research Studies, School of Social Work and Applied Human Sciences, The University of Queensland, St Lucia 4072, Australia. E-mail: C.Tilse{at}social.uq.edu.au

Family involvement in managing the financial assets of older people is an area of policy and practice importance. This importance relates to the complexity of older people’s assets, systems of 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 thirty-four older people receiving such assistance. It identifies three scenarios that promote or inhibit independence in this context and draws out the challenges for this emerging area of practice with older adults and their families.

Keywords: ageing, independence, asset management


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