Money and Pensions Service

Learn how to help the people you support stay one step ahead of the fraudsters this winter with expert guidance, practical tips, and real-life examples of fraud cases from @MoneyGuidersNI and @bankofireland Join the online event for free: 📅Thursday 5 December 🕑11:00 - 12:15 🔗https://ow.ly/XCQj50UfFzT

It can be hard for some people to open up about their finances, but loud budgeting can help break down those barriers 💷 Find out how loud budgeting can empower people of different ages and backgrounds to be more vocal about what they spend their money on in this MoneyHelper blog post: https://ow.ly/mIwx50UfFvE

What a brilliant Monday I had! I had the pleasure of hosting two members of our senior leadership team Naomi Phillips and Kate Shiner as they visited my region to learn more about the work I do with partners. Our first visit was to Kent County Council where we heard all about the amazing work of the financial hardship team, the public health team and ReferKent. We were joined by South East Water UK and Wave Community Bank who discussed how they are making the most of our resources. Finally the leader of the council shared his thoughts with us and what made his programme so successful. Next we headed over to Medway Council, to hear about all their fantastic work with our Money Guiders Programme that lead them to win 'Partner of the Year' at our Money Guiders Awards recently. We also heard about the brilliant work of Medway Healthy Workplaces helping employers to address wellbeing and financial wellbeing with staff. We were also joined by the leader of the council who was delighted to hear all about the fantastic work going on. There are too many people to name (thankfully all pictured below) but I have reflected how lucky I am to work with such wonderful dedicated people who all truly want to help people in financial hardship improve their financial wellbeing. Thank you for a great day all! #partnershipworking #moneyandpensionservice #moneyhelper

Digital payment methods are becoming ever more used and accepted. But what does the rapid digitisation of financial transactions mean for #FinancialEducation and the way that children and young people understand and learn about money? In our #FinancialWellbeing blog post, MaPS' Policy and Propositions Manager, Sarah Brenig-Croft, examines the rise and impact of digital money: https://ow.ly/eKaL50UfFbV

Today marks the start of National Older Workers Week. Join some of our pension specialists tomorrow and discover what working beyond 65 might mean for employee pensions. Our specialists will also discuss what other considerations might need to be made and take any questions you may have. 📅Tuesday 26 November 🕑11:00 - 12:00 🔗https://ow.ly/tUYJ50UeHIA #NOWW2

We have published our 2023/24 Annual Report and Accounts, demonstrating a strong financial performance and exceeding each Key Performance Indicator. Our CEO, Oliver Morley CBE, reflects on our work in 2023/24, and how we’re delivering services to the public across our five priority areas. https://ow.ly/WsF250UbSui

🎬 | Our research shows that in 2023, more than 8 million people across the UK needed #DebtAdvice. However, our research has also found that many people do not seek help due to feeling overwhelmed, embarrassed and worried about the consequences of speaking to a debt adviser. As part of this year’s #TalkMoney Week, we worked with three debt advisers to highlight the benefits and importance of getting help for debt. Find out more and hear how debt advisers Tom, Ioana and Ruby provide a supportive, non-judgemental environment for people to get the help they need with their finances: https://lnkd.in/eyqktwXj

According to our recent research, one in three working 18 to 25-year-olds have never contributed to a workplace or private pension. Our study also found that milestone planning was the top savings priority for young people, with half of 18 to 25-year-olds (51%) saying that they are saving to buy a property, get married, or saving for similar life events. Discover the different ways you can help your employees to build up their pension and plan for key life stages with our free and impartial resources: https://ow.ly/lbwn50UaJfi

Thank you for the coverage, Peterborough Telegraph. Personal finance is a huge issue for so many people in our communities, so it was a pleasure to host representatives of the Money and Pensions Service. https://lnkd.in/eHPQbHjQ

New Nest Insight #RealAccounts research, part-funded by MaPS, examines the effect that income volatility can have on UK households. The report highlights the economic and mental burdens that disproportionately impact people and households with irregular or unpredictable incomes. It also suggests ways that policymakers, employers, and designers of financial services and products can help reduce these burdens. Learn more and download the report: https://ow.ly/B9M250Ua1kV