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Money Advice Service -Sharing Resources
31st July 2013
Scott Morrison, Partnership Delivery Manager
Who we are
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Independent statutory body, set up by government
Funded by FSA levy
We have a statutory role (as given to us by the Financial Services Act 2010) to enhance:
The understanding and knowledge of members of the public in financial matters,
and
The ability of members of the public to manage their own financial affairs
Three aspects to our Service:
- Universal, multi-channel delivery of Money Advice
- Funding and co-ordination of Debt Advice
- Leading the UK strategy for Financial Education
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Working with DWP
We’ve been working in partnership with DWP since January 2012
Agreement that Money Advice Service has a significant role to play in delivering information, advice and guidance alongside DWP to support recipients of Universal Credit in budgeting and managing money.
Lord Freud’s meeting with Tony Hobman and Gerard Lemos - 16th February 2012
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Working with DWP Personal Budgeting Support team
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Online
Destination for budgeting and money management advice from Universal
Credit Personal Planner - January 2013
Co-development of budgeting tools and other resources
Telephone
Providing budgeting support for Demonstration Projects and Pathfinder
Face to face
Contributing to supplier landscape analysis for money advice and debt advice
Providing information toolkits for partners and intermediaries
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Supporting Universal Credit
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Our new proposition already includes a wealth of content that can support Universal Credit claimants
Universal Credit specific
Recently Launched
•Benefit Changes in 2013
•How to budget for a monthly benefit payment
•Managing rent payments on UC
•Joint UC payments for couples
•Choosing a bank account for UC
•Video – Get ready for UC
•Interactive UC timeline
•Action plan – Get ready for UC
•Top tips for surviving on a low income
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Working in Partnership with The Money Advice Service
Partnerships with Money Advice Service
What are Money Advice Service doing?
We aim to create an ‘open door’ policy enabling our resources to be shared across a network of partners.
We have built a syndication platform that will easily facilitate the publication of Money Advice Service content on the partner website.
We are doing this to ensure that we;
Network and share knowledge and expertise
Avoid duplication of efforts and save costs
Ensure we deliver our advice service to as many customers as possible at the point of need
Aid the customer journey
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Questions?
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