- Overview
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The UK is at a significant crossroad in improving financial inclusion, especially considering the ongoing cost-of-living crisis. As of October 2023, the inflation rate for food stands at13.6%, prompting many UK households to report a rise in their cost of living compared to the previous year, according to the Office for National Statistics. The current economic hurdles have heightened the financial vulnerability of numerous households, particularly those with lower incomes. ONS statistics from February 2023 found that: close to 40% of individuals saw their funds exhausted by the month’s end, and a concerning 24% were scraping by to cover basic needs. This scenario loudly calls for a united front among local authorities, housing associations, and charities to chip away at financial exclusion and bolster financial resilience among the vulnerable segments of society.
- 1 in 5 adults could manage living expenses for no more than a month should they experience a loss of income (Financial Inclusion Commission)
- 22% of adults in the UK have a savings buffer of less than £100 (FIC)
- 9 million adults in the UK express minimal or no confidence in managing their finances effectively (FCA)
- In 2021, poverty affected 13.4 million individuals, of whom 7.9 million were working-age adults (JRF)
Join us at The Financial Inclusion Conference 2024 to foster vibrant dialogue, share actionable insights, and build a robust framework of strategies to ensure that financial services are accessible to all. Whether it’s guiding towards effective debt management or providing insightful money advice, this conference is geared towards rallying local stakeholders and setting a solid foundation for a financially secure UK amidst these challenging economic times. You will also gain the opportunity to network with senior colleagues from across the sector.
Why Attend:
✔ High-level keynotes detailing financial inclusion policies and strategies from leading experts in the sector
✔ Case studies illuminating best practices in identifying and supporting financially excluded individuals and households, financial education, and more
✔ Networking opportunities with colleagues from various sectors, working to alleviate financial exclusion
✔ Gain 4 hours of CPD points towards your yearly quota
For more information or to make a booking please call 0330 058 4285
- Agenda
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Online Registration
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Chair’s Opening Remarks
Dr Louise Overton, Associate Professor in Social Policy, School of Social Policy, Director of CHASM, University of Birmingham (Invited)
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Keynote: National Overview of Financial Inclusion Policies to Foster an Inclusive Economy
- Guidance on policies and strategies to mitigate financial exclusion and promote economic participation
- The roadmap towards achieving an inclusive economy: sharing plans and overcoming obstacles
- Assessing the impact of existing financial inclusion policies on local communities, particularly focusing on vulnerable populations and low-income households
- Harnessing synergy between local authorities, housing associations, charities, and the Department of Treasury to enhance financial inclusion at all levels
- Implementing strategies and government initiatives aimed at fostering financial literacy, improved access to financial services, and economic empowerment
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Case Study: Working in Partnership to Identify and Empower the Financially Excluded
- Developing a multi-agency financial inclusion partnership to ensure wrap-around money advice is accessible alongside essential public services.
- Offering diverse financial advice services in various formats, and online resources to ensure accessibility for all individuals
- Formulating approaches to connect and understand the unique needs of financially excluded populations, and tailoring support programs to address these needs effectively
- Building supportive environments to foster financial empowerment and education, enabling individuals to navigate their financial challenges with confidence
- Metrics to evaluate the impact of financial support initiatives, and adapting strategies based on feedback and data
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Case Study: Crafting and Delivering Financial Education through Digital Inclusion
- Employing community surveys and leveraging data from local digital inclusion initiatives to understand the digital and financial literacy levels within the community
- Collaborating with organisations to create Digital Inclusion Partnerships: developing financial education programs that are accessible and resonate with digitally excluded individuals
- Digital inclusion hubs: developing online financial education resources and ensuring they are accessible in various formats for different learning styles
- Incorporating digital literacy workshops within financial education programs to improve both digital and financial skills
Richard Mortimer, Head of Economy, Work & Skills, Stockport Council (Invited)
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Questions and Answers
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Comfort Break
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Breakout Networking: Navigating Financial Challenges through Cross-Sector Dialogues
This session will provide you with the opportunity to discuss the main challenges you face in promoting financial inclusion and managing financial adversities within your communities. It’s a platform to share your experiences, learn from peers, and explore innovative solutions in a collaborative environment.
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Case Study: Navigating the Cost-of-Living Crisis for Sustainable Financial Resilience
- Uncovering the multifaceted nature of the cost-of-living crisis and its impact on different segments of the community
- Targeted strategies to alleviate the immediate pressures of the cost-of-living crisis on vulnerable populations
- Building robust support networks to provide essential services and financial guidance during economic downturns
- Designing and implementing long-term solutions to enhance financial resilience and economic stability
Ian Brewer, EDI Community Development Lead, Bradford District Credit Union (CONFIRMED)
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Case Study: Enhancing Food Security and Financial Resilience in Households
- Designing and implementing a tool for improving food security among low-income families, including the distribution of recipe boxes with pre-weighed ingredients and nutritious recipes
- Alleviating financial strain on families, contributing to better budget management and reduced food expenses, as evidenced by the positive feedback from participants
- Measuring the broader implications of the service model in combatting food insecurity, with a focus on its role in supporting financially vulnerable populations during economic challenges
- Expanding and adapting the model to further support financial inclusion and resilience in different communities across the UK
Sarah Clay, CEO, Voices for Hope (CONFIRMED)
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Case Study: Fostering Affordable Lending, A Strategy for Community Financial Health
- Discussing the role and objectives of community banking in offering financial services at the grassroots level
- Collaborating with the council, community banks, and other stakeholders in promoting financial inclusion, and the impact on the broader financial wellbeing of the community
- Tackling financial exclusion by offering savings accounts and loans at lower costs, for individuals who struggle to access mainstream lending products
- Producing community-centric financial solutions, such as the Family Loan, and tailoring products to provide responsible and affordable borrowing while promoting savings
Phil Cole, CEO, Derbyshire Community Bank (CONFIRMED)
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Questions and Answers
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Chair’s Summary and Close
*Programme subject to change
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- Who Should Attend
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Who Should Attend?
This Conference is open to Public, Private and Third Sectors. Delegates who will have an interest in this event will be people who work in local government and other local organisations working in financial inclusion provision.
For more information or to make a booking please call 0330 058 4285
- Sponsorship
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We are now taking bookings for our wide range of sponsorship and exhibition packages; we also offer bespoke packages tailored for your organisation.
Why Sponsor and Exhibit at this event:
✓ Network with key decision makers
✓ Meet your target audience in the Sector
✓ Listen and Learn from leading industry experts across the Sector
✓ Opportunity to demonstrate your products or services
✓ Speak alongside industry leading experts
✓ Work with your dedicated account manager to generate the maximum amount of leadsExhibition and Sponsorship Packages:
Strategic Headline Sponsor:
- 20-minute speaking slot followed by Q&A
- 3x2m Exhibition Space (In the Refreshments and Catering room)
- Pre show marketing email to all registered delegates
- Post show inclusion on presentation email
- Branding on Website and Event Guide (Logo and 100 Word Profile)
- A4 Insert or A4 Chair Drop
- 5 Delegate Conference Passes
- 1 Speaker Pass
Key Supporter Package:
- 20-minute speaking slot followed by Q&A
- Branding on Website and Event Guide (Logo and 100 Word Profile)
- A4 Insert or Chair Drop
- 1 Speaker Pass
- 2 Delegate Conference Passes
Exhibition Stand:
- 3x2m Exhibition Space (In the Refreshments and Catering room)
- Power, Wifi, Table and 2 Chairs (If required)
- Branding on Website and Event Guide (Logo and 100 Word Profile)
- 2 Delegate Conference Passes
- 1 Stand Manager Pass
Insert or Chair Drop:
- 1 Delegate Conference Pass
- A4 insert into delegate pack or A4 Chair Drop
For more information or to discuss your requirements, please contact the team on 0330 0584 285, or sponsorship@governmentevents.co.uk or complete our enquiry form and we will contact you.
- Pricing
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- Public Sector: £260 + VAT+VAT
- Voluntary Sector: £260 + VAT+VAT
- Private Sector: £425 + VAT+VAT
