Armed Forces Financial Capability John Pitt-Brooke MoneyForce programme manager The Royal British Legion.

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Presentation transcript:

Armed Forces Financial Capability John Pitt-Brooke MoneyForce programme manager The Royal British Legion

Standard Life Charitable Trust Independent charity established in 2009 Money from demutualisation Purpose is to develop skills of people most in need of support to manage their finances Bring about lasting and sustainable changes in behaviour Does not give money direct but works through other charities

Armed Forces project Armed Forces was early priority for Trust Meets important welfare need identified by MOD – concern about mismanagement of money by Armed Forces personnel Legion selected as ideal partner Working together since last Autumn

Partnership working very well SLCT provides –Funding –Experience of helping with financial capability Legion provides –Knowledge of working with Armed Forces –Other related welfare products –Experienced staff in these areas

Progress so far Research into nature of problem Very attractive Armed Forces specific website under preparation Fit into training schedule for all the services Hope to launch later this year

Advantages of approach Standard Life Charitable Trust money Legion experience of working with MOD Free gift to MOD, though needs their support (for example, through training) Can be expanded to Armed Forces community more widely

If it works, will give us… Really good information, education and guidance to the Armed Forces Attractively presented, Armed Forces-specific, fun to use Real changes in behaviour and reduction in problems All under Legion banner Watch this space