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P4‐130: IMPLEMENTING POLICY AND SYSTEM CHANGE TO MAKE OFFERING CLINICAL RESEARCH A STANDARD PART OF DEMENTIA CARE PATHWAYS IN THE UNITED KINGDOM
Author(s) -
Kotting Piers M.,
Smith Adam M.,
Rossor Martin N.
Publication year - 2018
Publication title -
alzheimer's and dementia
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 6.713
H-Index - 118
eISSN - 1552-5279
pISSN - 1552-5260
DOI - 10.1016/j.jalz.2018.06.2534
Subject(s) - dementia , stakeholder , inclusion (mineral) , government (linguistics) , scope (computer science) , accreditation , medicine , public relations , nursing , political science , medical education , psychology , social psychology , linguistics , philosophy , disease , pathology , computer science , programming language
banks, credit unions, mutual fund companies, insurance companies, retirement plan custodians, alternative investment companies and independent wealth advisors. This entire industry is now tasked with implementing procedures and protections to enable respectfully empowering older investors while also averting elder financial exploitation (most often by family members). Analysis includes longevity and generational wealth data for the Baby Boomers, the terms and characteristics for dementia and cognitive impairment, the impact of aging on financial reasoning, the privacy problems and costs in the industry’s adhering to US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) “red flags” for detecting financial exploitation, and the liabilities for failing to identify loss of capacity or simplify communications for seniors with limited reasoning. ven if efforts to protect against Elder Vulnerabilities become a major focus of industry regulators, research indicates the population volume and longevity of the Baby Boomers will lead to an alarming number of Americans becoming victims of elder financial exploitation. Conclusions: Key findings are that even if efforts to protect against Elder Vulnerabilities become a major focus of industry regulators, research indicates the population volume and longevity of the Baby Boomers will lead to an alarming number of Americans becoming victims of elder financial exploitation.