Sarah Churchman, chief wellbeing and inclusion officer at PwC, and Jane Portas, insurance partner and financial inclusion leader at PwC discuss why, with household debt set to rise, there’s more reason than ever for employers to #TalkMoney, and how PwC do it. Talking about money, particularly one’s own finances, has often been seen as a bit taboo. It’s […]
Author: Fincap Guest
Five ways employers can help young workers #TalkMoney
Nona Buckley-Irvine works with a trade union and has a special focus on young adults. A young employee herself, she shares five ways that employers can support the financial capability of young workers, particularly those struggling with debt. Listen without judgement There can be a perception of university students going wild with their money […]
Credit use and debt, Debt advice, Financial Capability, Financial education, Pensions & retirement planning, Savings, Talk Money Week
Money talks but we don’t: 5 reasons to #TalkMoney
A national conversation about money is around the corner. As we approach Talk Money Week, UK Financial Capability Director Sarah Porretta explains why this event has evolved from an annual celebration of financial capability work by organisations, to include a direct focus on helping the consumer get talking. This month we’re working to turn talking […]
The results are in: how we found out what works
Millions of pounds are spent every year on interventions that aim to help people in the UK better manage their money. Even so, relatively little was known about ‘what works’ to improve financial capability – until now. Roxana Prisacaru from The Money Advice Service What Works team shares their experience of building a body of […]
Children and young people, Financial Capability, People in retirement, Retirement planning, What Works Fund, Working age adults, Young adults
Improving financial capability: learning from the What Works Fund (Opening speech by CEO Charles Counsell)
Opening speech given at the British Library, Knowledge Centre, 23 October 2018 by The Money Advice Service CEO Charles Counsell. Good morning. It is my pleasure to welcome you to an event which represents the culmination of nearly two years’ work by the Money Advice Service and our partners across the sector – many of […]
What the new findings on What Works in financial capability mean for you
In this guest blog, UK Financial Capability Director Sarah Porretta writes about the findings from over 50 What Works funded projects and what they mean for your organisation. This week we’re celebrating the launch of findings from the What Works Fund. This is an exciting juncture, as for the first time, there is a body […]
Protecting our pensions
In this guest blog, Money Advice Service CEO Charles Counsell writes about the risk of pension scams, and explains how you can keep your retirement safe. Last year alone £23 million was lost to pension scammers increasingly taking advantage of pension freedoms. Action Fraud received 253 reports from people falling victim to a pension scam, […]
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 […]
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 […]