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Centre for Policy on Ageing | |
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| Assessing financial products for people on the margins of financial services | | Corporate Author | Joseph Rowntree Foundation - JRF |
| Journal title | Findings, 033, October 2003 |
| Publisher | Joseph Rowntree Foundation - JRF, York, October 2003 |
| Pages | 4 pp |
| Source | Joseph Rowntree Foundation, The Homestead, 40 Water End, York YO30 6WP. www.jrf.org.uk |
| Keywords | Financial services [older people] ; Homelessness ; Poverty ; Projects. |
| Annotation | A range of new financial products aims to meet the needs of people on the margins of financial services. The project reported on here assessed some of the main developments in four areas: homeless people's banking needs; bill payment; financial information and advice services; and savings and asset accumulation. The research was carried out by Sharon Collard, Elaine Kempson and Nicola Dominy of the Personal Finance Research Centre at the University of Bristol. They used a "community select committee" approach, modelled on the Parliamentary select committee, which is designed to capture grass-roots opinion on particular topics, with groups of users investigating a specific issue in depth. Their full report, 'Promoting financial inclusion: using a community select committee approach', is published by the Policy Press on behalf of the Joseph Rowntree Foundation (JRF). They note the role of initiatives such as: the Community Finance and Learning Initiative piloted by Bootstrap Enterprises in Hackney; the Co-operative Bank's Cashminder account; and the Saving Gateway, a pilot project at the Toynbee Hall in Tower Hamlets. (RH). |
| Accession Number | CPA-040706211 A |
| Classmark | J: K4A: W6: 3E |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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