New Elder Financial Abuse Working Paper
Tue 08 Nov 2011
'Financial abuse of older people in New Zealand - a working paper' has been written by Judith A Davey of the Institute of Policy Studies at ...
'Financial abuse of older people in New Zealand - a working paper' has been written by Judith A Davey of the Institute of Policy Studies at Victoria University, and Jayne McKendry, Age Concern New Zealand's expert in Elder Abuse and Neglect Prevention.
The report acknowledges several key components of addressing financial elder abuse (FEA) in New Zealand:
- Challenging ageism and negative attitudes to older people
- Improved understanding of warning signs of FEA amongst all service providers
- Improved understanding of strategies to help family members understand their roles vis-à-vis older people in managing their assets safely and respectfully
- Public education and awareness campaigns among carers, professionals and service providers
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Government action on policies on consumer protection and legal measures, such as enduring power of attorney procedures.
The authors stress that there is no single response will tackle the complex issue of FEA. 'Numerous questions about the nature of the problem, causes, effective prevention and response, remain unanswered. More discussion is needed, but also more evaluation of possible responses in the New Zealand context and a clear commitment to the elimination of FEA in this country.'
You can access the paper Financial abuse of older people in New Zealand – a working paper by Judith A Davey and Jayne McKendry, November 2011 here.