The DEFINE project is set to upgrade seniors´ skills in handling online financial management services to increase their active participation at financial markets again, to decrease their costs of participation due to upgraded online IT skills, to enhance their investment possibilities and understanding which leads to a minimization of disadvantages and fraud of this target group.

Demographic ageing within the EU is likely to be of major significance in the coming decades. Low birth rates and higher life expectancy are transforming the shape of the EU-28’s age pyramid. In the coming decades the share of older persons in the total population will increase significantly. Unlike younger generations, seniors have not grown up with technology, therefore they are increasingly getting marginalized due to digital illiteracy.

Seniors rarely have people instructing and guiding them on how to use today’s technologies, and it’s often too complex for them to understand on their own. The DEFINE project aims to give these people the opportunity to get the needed skills via adult training providers/centers.