Redesigning financial services and support

  25/04/2018 10:00   Event ID :9712

CfRC’s website: www.responsible-credit.org.uk

Following the launch of Michael Sheen’s End High Cost Credit Alliance, we invite you to join CfRC and Toynbee Hall’s Financial Health Exchange to critically assess the latest developments in credit markets and discuss possible new models of support for low to middle income households. We are delighted to announce that Michael will be attending the event, and that our excellent speakers will also include Christopher Woolard, the FCA’s Director of Strategy and Competition.

The conference will present the emerging findings from our current research programme which:

  • Supports Michael Sheen’s End High Cost Credit Alliance to expand the provision of affordable financial services;
  • Scopes out possible new models of support with the Local Government Association and ten local authorities to better integrate welfare benefit and local discretionary payments with debt advice and financial inclusion activity;
  • Explores the use of flexible rent payments as a means of helping low income tenants to manage income and expenditure pressures without the need for them to use credit;
  • Builds on the lessons from the Finance Innovation Lab’s Financial Health Fellowship to create an effective Community of Practice for people seeking to develop socially responsible products and services;
  • Develops the case for extending the payday lending cap to all forms of consumer credit and to eradicate ‘unjust debt’.

Find out about sponsoring or exhibiting at this event, contact Mintra Sadler.

Learning

This conference – organised jointly with Toynbee Hall’s Financial Health Exchange to explore the new approaches to regulation and the delivery of financial support services.

This conference will present the emerging findings from our current work to:

  • Support Michael Sheen’s End High Cost Credit Alliance to expand the provision of affordable financial services;
  • Extend the payday lending cap to all forms of consumer credit and eradicate ‘unjust debt’;
  • Scope out possible new models of support with the Local Government Association and ten local authorities to better integrate welfare benefit and local discretionary payments with debt advice and financial inclusion activity;
  • Build on the lessons from the Finance Innovation Lab’s Financial Health Fellowship to create an effective Community of Practice for people seeking to develop socially responsible products and services.

The conference will hear from expert speakers to:

  • Critically examine how markets are developing;
  • Identify how regulators could help to shape the future use of technology to deliver positive outcomes for households;
  • Update delegates on work with local authorities, advice providers, and the affordable credit sector, to scope out possible improvements to the design of financial support services, including how new technology could assist in the delivery of a more integrated offer of support; and
  • Bring the voices of low income households themselves into the debate by reporting on Toynbee Hall’s work with social housing tenants in Port Talbot to co-design new ways of delivering services,

We will also look at the prospects for an expansion of alternatives to credit use – such as more flexible rent and Council Tax payment systems – which could be achieved if investment in new technology were directed to achieve socially useful outcomes rather than simply to achieve high returns.

Sponsorship

The conference provides sponsors with the opportunity to show their support for effective dialogue between the commercial credit sector, public authorities and the wider civil society, and to raise the profile of their own responsible lending practices and financial health initiatives.

We have a range of sponsorship and promotional opportunities available, ranging from just £80 plus VAT.

Find out about sponsoring or exhibiting at this event, contact Mintra Sadler.

Speakers

Michael Sheen
Michael Sheen
End High Cost Credit Alliance
Christopher Woolard
Christopher Woolard
Director of Strategy and Competition, Financial Conduct Authority
Lucie Russell
Lucie Russell
Director, Fair by Design Campaign
Robert Hewitt
Robert Hewitt
Senior Policy Adviser, Inclusive Economy Unit

Sponsors and supporters

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