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On-demand Event

Financial decision making in older age

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Overview

The APS hosts this webinar with the APS College of Clinical Neuropsychologists.

Decision making refers to the ability to consider competing alternatives and make an optimal choice.

Older adults face many critical decisions regarding financial matters which could have a profound impact upon independence and wellbeing, with far-reaching consequences for family members, caretakers, and communities.

Relatedly, scam, fraud, and financial exploitation of older adults is a devastating and widespread societal problem resulting in billions of dollars lost annually.

There are multiple considerations for what may make certain older adults poorer decision makers, and consequently more vulnerable to scam, fraud, and financial exploitation. Age-associated pathological changes in the brain are well documented, suggesting the suboptimal functioning of specific neural systems may contribute to declining cognition and poorer decision making in older age. Medical conditions, psychological symptoms, and interpersonal relationship dynamics may also impact decision making in older age.

Recent compelling work has implicated poor financial decision making as an early marker of Alzheimer’s Disease, dementia. Understanding impaired financial decision making in older age is therefore a significant public health issue with important public policy implications; however, the causal factors, contextual circumstances, and consequences are poorly understood.

This webinar will provide an overview of our program of research, which leverages neuropsychological, neuroimaging, behavioural economics, qualitative, and other multidisciplinary empirical approaches, to better understand financial decision making and financial exploitation vulnerability in older age.

Level of Learning

Foundational. This activity is targeted to those new to the topic.

Duration of access

Access to the recording and presenter slides is for 12 months from the date of confirmed registration.

APS CPD-Approved

This activity has been assessed against the APS Standards for CPD activities and approved for its education quality. Learn more about the APS CPD Approval process.

CPD Frequently Asked Questions

Refer to the APS CPD Frequently Asked Questions for general and technical information when undertaking APS Professional development activities.

Activity details

On-demaind webinar recording.

Learning Outcomes

Upon completion of this webinar, participants should be able to:

  • identify risks for financial vulnerability among older adults,
  • demonstrate awareness of brain regions implicated in poorer financial decision making, and

  • apply skills for assessing financial decision making in older age.

Presenter(s)

Professor Duke Han

About the presenter(s)

Duke Han, PhD, is a Diplomate of the American Board of Professional Psychology in Clinical Neuropsychology, a Fellow of the American Psychological Association and the National Academy of Neuropsychology, Director of the Neuropsychology Division in Family Medicine, and a tenured Professor of Family Medicine, Neurology, Psychology, and Gerontology at the Keck School of Medicine of the University of Southern California. He received his Bachelor of Science degree in Psychology with a specialization in Neuroscience from Duke University, and his PhD Doctorate Degree in Clinical Psychology from the University of Massachusetts Boston.

He received training in clinical neuropsychology and experimental neuroimaging techniques through various programs of Harvard Medical School's Brigham and Women's Hospital. He continued his clinical neuropsychology and neuroimaging activities during his clinical internship and postdoctoral fellowship years at the University of California San Diego (UCSD) and the San Diego VA Healthcare System. He maintains an active research collaboration with the Rush Alzheimer's Disease Center (RADC) in Chicago where he was formerly a tenured faculty member.

CPD Approved

2024-25

50% off for APS members
Applied at checkout
Offer ends 30 June 2025

On-demand
Recording of webinar: 27 February 2024

APS College of Clinical Neuropsychology member: $40.00
APS College of Clinical Neuropsychology student member: $10.00
APS/NZPsS member: $60.00
APS student member: $30.00
Non-member: $90.00

Organiser

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APS Professional development

The APS is committed to ongoing education and training for all psychologists and others to ensure the Australian community has access to a highly skilled workforce.

APS Professional Development prides itself on developing evidence-based education aligned to CPD quality standards, utilising innovative and flexible modalities tailored to learner needs in collaboration with expert think-tanks ensuring diverse coverage of relevant subject matter ranging from foundational through to advanced levels of learning.

Contact: Professional development