Abstract: In a preferred embodiment, a formulation for the treatment of aging skin in which the major active ingredient is glycolic acid in a concentration of from an effective amount up to about 3.5 weight percent. Other active ingredients may be vitamin A palmitate and/or vitamin E acetate. The active ingredients are provided in a moisturizing cream base which has beneficial effects in itself. Preservatives are also provided in the formulation to increase the shelf life thereof.