Introducing Talk Money Week 2018

Charles Counsell, CEO of the Money Advice Service, introduces Talk Money Week and highlights why you should take part.

A continuing priority for both the Money Advice Service (MAS) and the future single financial guidance body is spearheading the campaign to improve the UK’s financial capability. Once a year in mid-November, we take a week to celebrate, showcase and promote the work underway to improve financial capability. For the past two years this has been known a ‘Financial Capability Week’.

This year, building on our tremendously successful 2017 ‘Talk Money Conference’, we have renamed the whole week ‘Talk Money Week’.

‘Talk Money’ is a recognition of the importance of breaking down the taboo and encouraging people to have a conversation about money – with their parents or children, employers or employees, financial service providers and customers. This is one of the first steps in improving financial capability and money management, but it also signals the increasing impact we are having on personal finance research, analysis and debate.

This year Talk Money Week will take place between 12-18 November 2018, with the Talk Money Conference as its showpiece event. For the first time, MAS is teaming up with the Money Advice Liaison Group (MALG) to jointly present this year’s conference, in order to open it up to as many stakeholders from across the financial capability and debt landscape as possible with the joint aim of improving financial capability and the lives of people in debt across the UK.

The content of this year’s conference will be more varied than ever – with five streams covering all the latest topics in financial capability and debt advice. So, it made sense for MAS to partner with MALG to help amplify the messages of the week, and ultimately attract the best speakers, exhibitors and delegates for an event which will have relevance for everyone in the money guidance and debt advice sector.

Liz Barclay, consumer affairs champion and current Chair of MALG, said: We need to get everyone from across the financial capability, debt and lending landscape together in one room to discuss and debate the hot topics and to start a much bigger conversation about the challenges we face. Only by working together can we get over the very British taboo of talking about all aspects of money, positive and negative. This will be the biggest and best event of its kind for the sector and I’m looking forward to some innovative thinking and outcomes.”

The conference is a free to attend one-day event and will be held at Central Hall Westminster on Wednesday 14 November 2018. It is open to the whole of the financial capability community, money/debt advice, credit, and wider sectors/stakeholders, meaning it offers unrivalled networking and collaborative opportunities to start new conversations about the big issues impacting the finances of the UK population today. You can register for the conference here – early booking is advised to avoid disappointment.

The conference is the showpiece event in Talk Money Week, but it works best when it builds upon the work going around the country. Last year, the week featured around 200 events and activities across the UK, bringing together charities, financial industry leaders, policy makers, academics and practitioners. I am delighted to announce that today we are launching our participation pack for Talk Money Week 2018, which includes loads of great ideas for how you or your organisation can get involved.  If you would like to learn more about this year’s events, or run one of your own, contact talkmoneyweek@fincap.org.uk.

How can we help working-age adults manage their money better?

Michael Royce, Proposition Manager at the Money Advice Service, calls for evidence to inform a new programme of work to improve the financial capability of working-age people. Across the UK, many households find it difficult to budget effectively and save. Our research shows 4 in 10 UK adults have less than £500 in savings to […]

Mental health and debt: supporting the advice sector and creditors

This Mental Health Awareness Week, Jane Tully, Director of External Affairs at the Money Advice Trust outlines the work going on to help the advice sector and creditors support people with debt and mental health problems. We know that mental problems and debt often go hand-in-hand. Findings from the Money and Mental Health Policy Institute […]

What Works Fund webinar: communicating evidence effectively – 19 March 2018

A blog by Louise Scott, Associate Director at Ecorys UK, part of the What Works Fund Evaluation & Learning Partner (ELP) team. The ELP consists of Ipsos MORI, Ecorys and the University of Bristol’s Personal Finance Research Centre. At a time when many of the grantees have turned their attention to preparing their evaluation reports, […]

Debt advice and vulnerability: learning from the experiences of debt advisers

Jane Tully, Director of External Affairs at the Money Advice Trust, discusses the launch of new research exploring the experiences of debt advisers working with people in debt in vulnerable situations. Findings from the research will inform the development of practical guidance to support debt advisers and their clients.  Debt advice plays an important role […]

Bridging the evidence gap: financial capability and domestic abuse

Dr Olumide Adisa, Research Associate at the University of Suffolk, writes about why the evaluation of a money advice service for survivors of domestic abuse is a crucial step in building an evidence-base for financial capability in the context of domestic abuse. Domestic abuse is complex. This complexity becomes more apparent when one examines the […]

Financial capability and young workers

Guest blog by Veda Harrison, Public and Consumer Affairs Manager, NatWest. This week is National Apprenticeship Week, and the Government continues to promote apprenticeships as core to its skills strategy in improving the work prospects of young adults. As a member of the MAS Young Adults Steering Group, NatWest’s contribution to this debate has been […]

Dealing with debts using behavioural science

Louise Chu, Commissioning Manager at the Money Advice Service (MAS), writes about an exciting partnership formed between two forward-thinking organisations who are working collaboratively with MAS to better support people to take control of their debts themselves.    At the Money Advice Service, we thoroughly enjoy connecting with like-minded experts to share knowledge, to create […]

Where I Live: National Student Money Week 2018

A blog by Ani Bailey, Financial Capability Chair on the NASMA Board and Coordinator for Financial Support at Ravensbourne in North Greenwich. Monday (12 February) saw the start of the eighth annual National Student Money Week (NSMW), run by the National Association of Student Money Advisers (NASMA). This year the week is focusing on a […]

What Works Fund Webinar: generating robust evidence – 23 January 2018

A blog by Professor Sharon Collard, Research Director at the University of Bristol’s Personal Finance Research Centre – part of the What Works Fund Evaluation Learning Partner (ELP). The ELP includes Ipsos MORI, Ecorys and the Personal Finance Research Centre. With the main What Works Fund programme coming to the end of its delivery phase, […]