Fairbanking Foundation founder Antony Elliott, OBE, comments on the latest report from the Money and Pensions Service, exploring how financial services can improve customers’ financial capability and wellbeing. I’ve spent more than 10 years encouraging financial institutions to do more to improve wellbeing of customers. The new Transforming Customer Wellbeing report highlights that a […]
Posts in the Savings category:
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 […]
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, […]
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 […]
Nutmeg – Why financial capability matters
This edition of the Financial Capability Week‘s guest blog showcasing the great work that organisations are doing to improve the low levels of financial capability across the UK from Nutmeg, the UK’s first online discretionary investment management company. To submit a blog on financial capability, please contact [email protected]. Financial capability matters more than it […]