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AAA Money Matters Working Group

As a starting point for the Working GrouptheAgeActionAllianceconsulted on some of the issues older people were facing around financial inclusion. Some of the issues that might come under our scrutiny include:-

  • problems around power of attorney procedures;
  • converting a pension into an annuity;
  • dealing with finances after the bereavement of a loved one;
  • understanding benefits entitlements;
  • budgeting for home maintenance and unexpected events;
  • knowing what guidance/information to use;
  • financial abuse aimed at pensioners;
  • the use of debts and loans;
  • funding care through equity release;
  • knowing how and where to access advice or guidance; and
  • Knowing which information and providers to trust.

These problems range from having a number of different initiatives and solutions to being completely unaddressed, showing the potential positive impact this group could have with the right actions.

Minutes of the Money Matters Working Group

AAA Money Matters 15 Sep mins_1.pdf

Money Matters Working Group meeting 14.11.16.pdf

 

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