Scoping review explores third-party money management challenges in long-term care, indicating a need for better practices.
Key Points
This review aims to explore current practices in third-party money management for individuals needing long-term care and to identify effective strategies.
Conducted a scoping review analyzing 35 publications on third-party money management.
Synthesized findings into four dimensions to characterize TPMM practices.
Identified six aspects of good TPMM practices balancing autonomy and caregiving.
Found varying practices of third-party money management, from occasional assistance to formal decision-making.
Synthesized four dimensions: degree of formalization, collaboration, type of care provision, and digitalization.
Identified aspects of good TPMM practice, including collaborative decision-making and effective fintech solutions.