1. Money Matters

2. Money Matters
How can we help older people, post retirement, to manage their finances through key life events and to plan ahead for later life?

3. Money Matters Project delivery June 2017 - January 2018: Roadshows
Information guides
Call the Age Scotland helpline for advice
Evaluation

4. Money Matters Roadshow topic Bookings Attendees Benefit entitlement 25
357
Care costs and funding 14
229
Power of Attorney 12
184
Wills and funerals 7 83
Planning for change 23
353
Total 81
1206

5. Pre and post roadshow evaluation
58% of roadshow attendees were involved in the evaluation in some way
All roadshows increased knowledge and understanding
Roadshows increased awareness and intended use of I&A services
10% planned to look into their finances, do some research or read the information guides provided at the roadshow.
10% were going to get a benefit check or apply for a benefit
10% planned to set up Power of Attorney.

6. 6 week follow up calls 84% had looked at the information guides
82% had talked to someone about what they had learned
40% had done something: looked into their finances, contacted a service for I&A or applied for a benefit.
56% felt that attending the roadshow had made a difference to the way they felt about their finances

7. Other learning
Older peoples groups will engage with and learn from roadshow events on potentially stigmatizing subjects
Some older people are reluctant to call helplines  
Holding roadshows “where people normally meet” is challenging to deliver.
Engaging older people in evaluation can require additional support to overcome barriers linked to cognitive impairment, sensory impairment or frailty.

8. What next?
Use model in other networks of groups with trusting relationships
Explore how to reach more people in the “struggling” segment (often/always having trouble keeping up with bills and with no savings).
Improved professionals’ awareness