Friends Provident hopes 'think tank' foundation will effect "positive social change"

clock

Friends Provident is using £20m worth of unclaimed demutualisation shares to create a charitable foundation of ‘new thinking' into how money is used to solve society's problems.

Rather than employ financial experts to solve many of the problems surrounding financial exclusion and other difficulties surrounding money matters, Friends Provident has taken the radical step of effectively creating a new 'think tank' of individuals who question philosophy, psychology and the mindset of financial decision-makers who ‘think they know best’ when it comes to consumer money and society’s financial needs. Yesterday's launch of the Friends Provident charitable foundation was accompanied by the publication of a book called “the Right Use of Money” – written by Rabbi Dame Juli...

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

Feel Good Friday: Nine Edge Wealth sponsors young Scottish boxer

Feel Good Friday: Nine Edge Wealth sponsors young Scottish boxer

Sponsors Lara Brown

Professional Adviser
clock 17 July 2026 • 1 min read
Women's Wealth Alliance launches careers guide to attract more women to personal finance profession

Women's Wealth Alliance launches careers guide to attract more women to personal finance profession

Aimed at women at different stages of life and careers

Professional Adviser
clock 16 July 2026 • 3 min read
Women in Financial Advice Awards 2026: Shortlists revealed!

Women in Financial Advice Awards 2026: Shortlists revealed!

All the winners will be announced at a celebratory gala dinner on 4 November

Professional Adviser
clock 15 July 2026 • 10 min read