Banking with dementia
‘‘Ageing is not for wimps,’’ I was told once by a senior life insurance executive whose mother had dementia.
He was speaking a few days after police had rescued her from a roadside after she’d got lost.
Around 60,000 people have dementia, a number expected to climb to around 150,000 by 2050 as the population ages.
An Alzheimer’s diagnosis will generally come after people begin to struggle with some aspects of their lives, including managing their banking.
I hadn’t thought about Alzheimer’s since the ‘‘ageing is not for wimps’’ conversation, perhaps eight or so years ago.
Then a week ago, I met Lorraine Hunter from Westpac, who made a deathbed promise to her father to do something to help people living with dementia.
The result was Westpac’s dementia banking programme to help people diagnosed with Alzheimer’s put in place banking disciplines and processes to