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  • BREAKING NEWS
    • Sep 13, 2019

    Japan Post Bank admits it improperly sold investment trust products to elderly customers

    The bank discovered branches and post offices neglected an internal rule requiring staff to confirm twice whether customers aged 70 years or older were in good health and understood the products before making any sales. An investigation by the unit of Japan Post Holdings discovered 17,700 cases at its 213 branches and 1,891 cases at post offices, the bank revealed.
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    • Sep 13, 2019

    European medical cannabis conference to explore its use among seniors

    In partnership with The Cannabis Society, Health Europa will be hosting a conference on Sept. 24 and 25 exploring the future of medical cannabis, use of cannabis in the elderly and dosage levels. Taking place in Germany, the international list of speakers includes expert physicians, pharmaceutical companies and industry insiders. more info

    • Sep 12, 2019

    Helsinki creates remote care tools for seniors to stay in their homes, reduce cost of care

    Digital Service Center Helsinki is creating tech-enabled tools to remotely monitor patients at home. Older Finnish patients are starting to use video chats with nurses, smart medication dispensers and even GPS trackers. Around 800 clients are using the remote care services. It's meant to be a hybrid structure that includes in-person care. The telemedicine check-in visits often occur in lieu of a home care visit. The virtual care also reduces the cost associated with virtual care (estimated at an eighth of the cost of an in-person visit) and helps the environment. The tools are used to alleviate loneliness and seniors can access group activities such as lunch groups to video chat with their peers during lunch. The program offers virtual group exercise programs, religious sessions and cultural events.

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    • Sep 12, 2019

    U.K. nurses feel patients receiving no visitors affects recovery, call for more hospital volunteers

    A U.K. poll identified 40% of patients without visitors required additional support from the nursing team. The lack of visitors was felt by nurses working in acute hospitals to have a detrimental effect on patients' health and speed of recovery in a variety of ways, including:

    • They're less likely to be mobile (43%);
    • They're less likely to be stimulated through conversation (56%); and
    • Are less likely to follow medical advice.
    Roughly 37% were more likely to have a longer stay in hospital. Over half of the nurses questioned said a volunteer presence on ward was very important and volunteers could help with patient care. They referenced increasing patient satisfaction with non-medical support on wards (49%) and improving patient nutrition and hydration levels by helping at mealtimes and during the day (50%). Following the NHS Long Term plan, which asks hospitals to double their volunteers in the next 10 years, researchers are calling on more hospitals to make the most of volunteers to improve patient health. more info

    • Sep 12, 2019

    Cycling company targets seniors with tricycle

    Pacific Cycles debuted its latest tricycle as part of its strategy to focus on the elderly as the average age of the population is on the rise. The electric tricycle was developed in cooperation with Hase bikes from Germany. Named Handy, the tricycle is powered by hand and supported by an electric motor. more info

    • Sep 11, 2019

    Singapore senior center offers boxing, soccer, mini-golf to keep elderly active

    Employees at the Telok Blangah Senior Care Center in Singapore became aware that many seniors were growing bored and becoming reluctant to continue with their rehabilitation. They found the sessions to be dreary and a reminder of their failing health. The physical therapists decided to take another approach, which included having seniors take boxing lessons, play soccer and participate in mini-golf. The activities are designed to complement the seniors' core physiotherapy program. more info

    • Sep 10, 2019

    Canadian government funding encourages social inclusion for seniors in Quebec City region

    Canada's Minister of Seniors revealed an investment of $4 million in funding through the New Horizons for Seniors Program (NHSP) for a project led by the Université Laval that will help increase social inclusion and address challenges facing seniors in communities across the Quebec City region. According (in French) to the university, the project will unite various stakeholders under one vision to benefit seniors in the region. These stakeholders include the many health care sectors, transportation as well as private and public community groups and organizations. more info

    • Sep 10, 2019

    YouTube viewership growing in Korea, highest among 50+

    Viewers aged 50 years and older spent more time on YouTube than the 30- and 40-year-old groups, with the gap widening when compared to survey results in Apr. The 50+ group spent an average 1,206 minutes, while the 30s spent 1,105 minutes and the 40s 847 minutes. Seniors also showed the biggest jump in viewing time over the past four months. Those aged 50+ saw their YouTube usage time increase 15.4% compared with the Apr. survey, while the 30s and 40s posted increases of 11.8% and 8.5%, respectively.​ more info

    • Sep 10, 2019

    Australian central bank: Demographic change to cause interest rates to be four percentage points lower by 2050, compared to 1950s

    The Reserve Bank of Australia (RBA) says an aging population is partly to blame for ultra-low interest rates. Uncertainty about the time of death ensures retirees don't draw down on their accumulated assets in retirement completely, keeping assets locked away from the economy. The RBA estimates Australia's neutral interest rate declined by about 1.5 percentage points since 2007 and was around 1% by Sept. 2017. Further, the central bank estimates interest rates to be four percentage points lower by 2050 compared with the 1950s. more info

    • Sep 10, 2019

    Working Canadians are negatively impacted by the demands of caring for an elderly relative

    According to Ryerson University researchers, the demands of elder care results in less sleep and time to pursue personal interests, which dominoes to the workplace with an increase in absenteeism and a reduction in productivity. In addition to being more overwhelmed, employees with only elder-care demands were more negatively impacted than their counterparts in the sandwich generation. This finding was contrary to what was formerly believed, say researchers, who expected those with childcare responsibilities in addition to elder care would be worse off. more info

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