- \n
- To review the information available to guide social care professionals in supporting older adults to manage their finances.<\/li>\n
- To review the information available to older people and their families who are looking for help.<\/li>\n
- To interview social care professionals about their experiences of supporting older adults who need help managing their finances.<\/li>\n
- To interview older adults and family members about their experiences and perspectives of this issue.<\/li>\n<\/ul>\n
Key findings<\/h2>\n
- \n
- Judgements about someone\u2019s capacity to manage money tend to be made informally and generally. There is a lack of formal, detailed assessment of specific aspects of money management in accordance with the Mental Capacity Act.<\/li>\n
- Knowledge about legal issues and procedures regarding mental capacity and money management is highly variable, among professionals and the public. There is a lack of training for professionals in applying the Mental Capacity Act in the context of financial decision-making and in how to provide appropriate and timely support for people with day-to-day money management.<\/li>\n
- Professionals often feel uncomfortable in raising the topic of money management and in providing support to older people. There is a lack of clear roles and responsibilities around assessment and support.<\/li>\n
- Managing money is extremely personal and emotional, both for older people who may be experiencing difficulties and for people who are attempting to provide support. There is limited recognition of this in the available information resources, which focus more on procedures such as how to set up Lasting Power of Attorney.<\/li>\n<\/ul>\n
Implications<\/h2>\n
There is a need for a dedicated strategy for the topic of mental capacity and personal finances within the social sector. This should contain greater clarity around roles, responsibilities and support, and training about mental capacity in the context of managing money that is realistic, context-specific and embedded as core training. Development of training and support approaches would benefit from a multi-agency approach and co-production with older adults and unpaid carers.<\/p>\n
Project team<\/h2>\n
- \n
- Dr Alex Hall<\/a>, Division of Nursing, Midwifery and Social Work, The University of Manchester.<\/li>\n
- Dr Christina Straub, Division of Nursing, Midwifery and Social Work, The University of Manchester.<\/li>\n
- Professor Debora Price<\/a>, School of Social Sciences, The University of Manchester.<\/li>\n
- Professor Nicola Glover-Thomas<\/a>, School of Law, The University of Manchester.<\/li>\n<\/ul>\n
Funding<\/h2>\n
Funder:\u00a0National Institute for Health Research (NIHR)<\/a>.<\/p>\n
Funding period: April 2021 – January 2023.<\/p>\n
Associated publications and resources<\/h2>\n
Managing money in later life: mental capacity assessment and support (PDFs):<\/p>\n
- \n
- Full report<\/a><\/li>\n
- Executive summary<\/a><\/li>\n
- One-page summary briefing<\/a><\/li>\n
- Plain English summary<\/a><\/li>\n
- Peer-reviewed publication in Ageing & Society:<\/em> ‘A little bit of empathy and compassion would go a long way’<\/a>\u00a0<\/li>\n<\/ul>\n
[\/et_pb_text][et_pb_post_nav _builder_version=”3.0.106″ in_same_term=”off” show_prev=”on” show_next=”on” prev_text=”Previous” next_text=”Next” locked=”on” parent_locked=”off” \/][et_pb_comments _builder_version=”3.0.106″ show_avatar=”on” show_reply=”on” show_count=”on” background_layout=”light” header_font_size_tablet=”51″ header_line_height_tablet=”2″ custom_button=”on” button_icon_placement=”right” button_text_color=”#ffffff” button_use_icon=”off” locked=”on” parent_locked=”off” button_text_size__hover_enabled=”off” button_text_size__hover=”null” button_one_text_size__hover_enabled=”off” button_one_text_size__hover=”null” button_two_text_size__hover_enabled=”off” button_two_text_size__hover=”null” button_text_color__hover_enabled=”off” button_text_color__hover=”null” button_one_text_color__hover_enabled=”off” button_one_text_color__hover=”null” button_two_text_color__hover_enabled=”off” button_two_text_color__hover=”null” button_border_width__hover_enabled=”off” button_border_width__hover=”null” button_one_border_width__hover_enabled=”off” button_one_border_width__hover=”null” button_two_border_width__hover_enabled=”off” button_two_border_width__hover=”null” button_border_color__hover_enabled=”off” button_border_color__hover=”null” button_one_border_color__hover_enabled=”off” button_one_border_color__hover=”null” button_two_border_color__hover_enabled=”off” button_two_border_color__hover=”null” button_border_radius__hover_enabled=”off” button_border_radius__hover=”null” button_one_border_radius__hover_enabled=”off” button_one_border_radius__hover=”null” button_two_border_radius__hover_enabled=”off” button_two_border_radius__hover=”null” button_letter_spacing__hover_enabled=”off” button_letter_spacing__hover=”null” button_one_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover=”null” button_two_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover=”null” button_bg_color__hover_enabled=”off” button_bg_color__hover=”null” button_one_bg_color__hover_enabled=”off” button_one_bg_color__hover=”null” button_two_bg_color__hover_enabled=”off” button_two_bg_color__hover=”null” \/][et_pb_text admin_label=”Related posts” _builder_version=”3.0.106″ background_layout=”light” locked=”on” parent_locked=”off”]<\/p>\n
Related<\/h1>\n
Related posts:<\/h3>
<\/div><\/div><\/div>Evaluating fall prevention services across Cambridgeshire<\/h2><\/div><\/div><\/a>
<\/div>Using Smartphone TechnolOGy to Support an EffecTive Home ExeRcise Intervention to Prevent Falls amon...<\/h2><\/div><\/div><\/a>
<\/div>Evaluating the impact of an improvised music-making training programme on care home staff and family...<\/h2><\/div><\/div><\/a><\/div>
<\/div><\/div><\/div>\n[\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][et_pb_column type=”1_3″][et_pb_sidebar _builder_version=”3.0.106″ area=”sidebar-1″ orientation=”left” show_border=”off” background_layout=”light” locked=”on” \/][\/et_pb_column][\/et_pb_section][et_pb_section bb_built=”1″ admin_label=”Connect Title” custom_padding=”0px||0px|” _builder_version=”3.0.90″ background_color=”#1d1d1d” module_class=”footer-section” prev_background_color=”#ffffff” global_module=”380″][et_pb_row admin_label=”row” global_parent=”380″ locked=”off” allow_player_pause=”off” parallax=”off” parallax_method=”on” parallax_1=”off” parallax_method_1=”off” parallax_2=”off” parallax_method_2=”off” parallax_3=”off” parallax_method_3=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” use_custom_gutter=”off” make_equal=”off” module_id=”footer-row” _builder_version=”3.0.89″][et_pb_column type=”1_3″][et_pb_text admin_label=”Contact Us Title” global_parent=”380″ background_layout=”dark” text_text_color=”#ffffff” parent_locked=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n
Contact Us<\/h4>\n
[\/et_pb_text][et_pb_text admin_label=”Contact Us” global_parent=”380″ text_text_color=”#aaaaaa” parent_locked=”off” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” module_class=”contact-us” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n
+44 (0) 161 306 6000<\/p>\n
[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3″][et_pb_text admin_label=”Find Us Title” global_parent=”380″ background_layout=”dark” text_text_color=”#ffffff” parent_locked=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n
Find Us<\/h4>\n
[\/et_pb_text][et_pb_text admin_label=”Address” global_parent=”380″ background_layout=”dark” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” module_id=”address” parent_locked=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n
The University of Manchester
Oxford Rd
Manchester
M13 9PL
UK<\/a><\/p>\n[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3″][et_pb_text admin_label=”Connect Title” global_parent=”380″ background_layout=”dark” text_text_color=”#ffffff” parent_locked=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n
Connect With Us<\/h4>\n
[\/et_pb_text][et_pb_code admin_label=”Social Media” global_parent=”380″ parent_locked=”off” _builder_version=”3.17.6″]<\/p>\n
- <\/p>\n
-
![\"Facebook](\"\/\/assets.manchester.ac.uk\/phase1\/templates\/images\/icon-facebook-50.png\")
<\/a><\/li>\n<\/p>\n
![\"Twitter](\"\/\/assets.manchester.ac.uk\/phase1\/templates\/images\/icon-twitter-50.png\")
<\/a><\/li>\n<\/p>\n
![\"YouTube](\"\/\/assets.manchester.ac.uk\/phase1\/templates\/images\/icon-youtube-50.png\")
<\/a><\/li>\n<\/p>\n
![\"Instagram](\"\/\/assets.manchester.ac.uk\/phase1\/templates\/images\/icon-instagram-50.svg\")
<\/a><\/li>\n<\/ul>\n
[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"
This research focuses on what happens when older adults experience difficulties in managing their money because of a lack of mental capacity. We investigated how social care practitioners, older adults, and their families attempt to address these difficulties, and how people can be supported.<\/p>\n","protected":false},"author":34,"featured_media":1704,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[9,13],"tags":[],"class_list":["post-1703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-projects","category-brain-health-dementia-and-delirium"],"_links":{"self":[{"href":"https:\/\/sites.manchester.ac.uk\/healthy-ageing\/wp-json\/wp\/v2\/posts\/1703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sites.manchester.ac.uk\/healthy-ageing\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sites.manchester.ac.uk\/healthy-ageing\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sites.manchester.ac.uk\/healthy-ageing\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.manchester.ac.uk\/healthy-ageing\/wp-json\/wp\/v2\/comments?post=1703"}],"version-history":[{"count":6,"href":"https:\/\/sites.manchester.ac.uk\/healthy-ageing\/wp-json\/wp\/v2\/posts\/1703\/revisions"}],"predecessor-version":[{"id":1801,"href":"https:\/\/sites.manchester.ac.uk\/healthy-ageing\/wp-json\/wp\/v2\/posts\/1703\/revisions\/1801"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sites.manchester.ac.uk\/healthy-ageing\/wp-json\/wp\/v2\/media\/1704"}],"wp:attachment":[{"href":"https:\/\/sites.manchester.ac.uk\/healthy-ageing\/wp-json\/wp\/v2\/media?parent=1703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sites.manchester.ac.uk\/healthy-ageing\/wp-json\/wp\/v2\/categories?post=1703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sites.manchester.ac.uk\/healthy-ageing\/wp-json\/wp\/v2\/tags?post=1703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- Executive summary<\/a><\/li>\n
- Dr Alex Hall<\/a>, Division of Nursing, Midwifery and Social Work, The University of Manchester.<\/li>\n