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BJSW Advance Access published online on March 7, 2007
British Journal of Social Work, 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 1 *, Deborah Setterlund 2, Jill Wilson 2, and Linda Rosenman 2

1 Director, Postgraduate Research Studies, School of Social Work and Applied Human Sciences, The University of Queensland, St Lucia 4072, Australia
2 Lead investigators in the Ageing and Assets Research Program at The University of Queensland

* To whom correspondence should be addressed.
Cheryl Tilse, E-mail: C.Tilse{at}social.uq.edu.au


  Abstract

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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