Food banks to offer financial guidance

Carmen Reichman
clock

Food banks will roll out a money and debt guidance service to consumers funded by a donation from MoneySavingExpert founder Martin Lewis.

The Trussell Trust will offer free guidance in 30 of its 420 food banks across the UK from next year, having received £500,000 from Lewis towards the project. Clients will get a preliminary financial assessment at the food bank before being referred to independent local advisers and groups such as Citizens Advice or debt charity StepChange for further assessment. The trust said it wanted to address the underlying causes of food poverty and provide quicker access to financial help for people who often have a month or more to wait before seeing someone who can assist. Trussell Trust ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advice firms need to adopt 'operational excellence'

Advice firms need to adopt 'operational excellence'

‘Operations roles are critical to driving business success’

Isabel Baxter
clock 16 May 2024 • 2 min read
'Finfluencers' face FCA legal action over trading scheme

'Finfluencers' face FCA legal action over trading scheme

FCA targets social media scam, nine people face legal action

Sahar Nazir
clock 16 May 2024 • 1 min read
Advisers must tackle client behavioural bias for good outcomes

Advisers must tackle client behavioural bias for good outcomes

Mitigating behavioural biases builds trust with clients

Jenna Brown
clock 16 May 2024 • 1 min read