CHASM Annual Conference 2018

Euston Road, London, The Friends' Meeting House
Tuesday 26 June 2018 (10:00-14:30)

To regiser email Helen Harris –   Please note that places are limited. Closing date – 13 June 2018


Financial Wellbeing and Working Age People: Addressing the Challenges Ahead 

Financial challenges for working-age people can take on many guises. For employees they can range from increasing household debt and demanding financial commitments to a limited ability to save or plan for the future. For the self-employed these can be multiplied by the added burden of business management. The increasing numbers of workers on zero-hours contracts or working within the gig economy face further challenges associated with irregular earnings. The aim of this conference is to consider the forms of intervention that employers might utilise to assist their employees, those that could enable the self-employed or on irregular employment contracts to enhance their financial resilience and the policy issues these pose. Event took place at Friends House, 173-177 Euston Road, London NW1 2BJ.

View some highlights of the conference in the video below:

Speakers and their topics

Ian Baines, Head of Pensions at Nationwide, will discuss his experience of implementing a new industry-acclaimed DC pension structure, at the heart of which was the use of behavioural economic ‘nudges’ and a message of ‘don’t just dream it, plan it’.

Thomas Joy, HR Consultant at the Royal Bank of Scotland and a member of the Money Advice Service’s Financial Capability Steering Group, will share his experience of delivering a financial wellbeing strategy at RBS, to argue that if the goal of financial education is to create behaviour change, it needs to form part of a wider wellbeing programme in order to be successful.

Margaret May & Edward Brunsdon, Honorary Research Fellows at CHASM, will draw on their research on employment-based welfare in the UK to highlight the range of employer initiatives that have been used to help manage debt and facilitate savings capability.

Jane Tully, External Affairs Director of the Money Advice Trust, will explore the on-going and emerging financial wellbeing challenges that the Trust see via their National Debtline and Business Debtline services that provide a unique insight into the practical issues faced by those in employment, self-employed or in non-conventional forms of employment relationships.

Carl Packham, Toynbee Hall, will draw on Toynbee Hall's extensive research and co-design work with working people and the organisations they need to engage with, including employers, financial services provides, support providers and civil society, to share Toynbee Hall's perspective on designing and delivering good financial health outcomes in an ever-changing employment environment.

Ryan Shorthouse, the Founder and Chief Executive of Bright Blue, will discuss the particular challenges facing those who are, or wish to be, self-employed when coming from low-income backgrounds and how they can be supported to create financial wellbeing and resilience.