Centre for Policy on Ageing
 

 

Financial inclusion in the UK
 — review of policy and practice
Corporate AuthorJoseph Rowntree Foundation - JRF
Journal titleFindings, 2234, July 2008
PublisherJoseph Rowntree Foundation - JRF, York, July 2008
Pages4 pp
SourceJoseph Rowntree Foundation, The Homestead, 40 Water End, York YO30 6WP. http://www.jrf.org.uk
KeywordsFinancial services [older people] ; Consumer ; Advisory services [elderly] ; Poverty ; Social policy ; Social surveys.
AnnotationFinancial inclusion is the inability, difficulty and reluctance to access appropriate, so-called mainstream, financial services. The reduction of financial inclusion is a priority for the present government, because it can lead to social exclusion. This study was a review of current policies and practices aimed at reducing financial inclusion. The financial services covered include money and debt advice, financial capability, banking, affordable credit and insurance. The study concluded that, overall, the number of those without access to banking services will continue to fall, while the need to have a bank account will increase. These findings outline the study's aims and methods, and indicate those groups particularly vulnerable to financial exclusion and the services available to them. The full report (same title), by Lavinia Mitton, is published by the Joseph Rowntree Foundation (JRF) and available as a free download on the JRF website. (RH).
Accession NumberCPA-080818003 A
ClassmarkJ: WY: IT: W6: TM2: 3F

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