Age limits, digitalisation and poverty or low income present the main barriers impacting the access of older people to a defined basic package of financial tools and services
The report reaffirms the importance for older people to access a basic package of financial tools and services that enable them to lead a normal social life in the society in which they belong. That package includes cash, a payments account, savings account, a safe third-pillar pension product, motor insurance, health insurance, home insurance and personal liability insurance. The study also provides a product-specific list of barriers and ways to lower them.
