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Financial education volunteers praised at royal reception

9 Chwefror 2012

Today Citizens Advice volunteers are to be thanked at a celebration tea, hosted by HRH the Princess Royal, Princess Anne, for their role giving money management training as part of MoneyActive, a national project funded by Nationwide Building Society.

Speaking at the event Princess Anne, who has been Patron of the Citizens Advice service since 1990, is expected to thank the volunteers for their enormous contribution to the MoneyActive project, CAB clients and their communities. Gillian Guy, Chief Executive of Citizens Advice, will also be giving a speech at the event to recognise the role of volunteers in extending the services on offer by the charity. Money Saving Expert, Martin Lewis, who is currently campaigning to increase the provision of financial education in schools will also speak at the event and congratulate the volunteers.

The afternoon tea will celebrate the contribution made by over 1,600 project volunteers across the country over the last three years and award the best volunteers and teams.

Jayanti Durai, Nationwide's Head of Corporate Responsibility, said:

"One of Nationwide's top priorities is to help people better manage their money.

"In addition to the support our branches offer our own customers and the free tools we provide online, we applaud the role Citizens Advice plays in providing free, independent and impartial education and advice to those most in need. It's great to be able to celebrate the MoneyActive volunteers, who have made a real difference in their communities by boosting the financial capability of over 170,000 people over the last three years. We are very proud to partner Citizens Advice in their groundbreaking work to prevent debt and the harm it causes individuals and society"

Gillian Guy, Citizens Advice, Chief Executive, said:

"Volunteering is not new to us at Citizens Advice but thanks to the partnership with Nationwide Building Society we have been able to embark on this innovative programme to train volunteers in new roles delivering financial capability sessions in their communities.

"The MoneyActive project has given a massive boost to the ability of our bureaux to help people help themselves avoid their debts getting out of control."

Notes to editors

  1. The Citizens Advice service comprises a network of local bureaux, all of which are independent charities, and national charity Citizens Advice. Together we help people resolve their money, legal and other problems by providing information and advice and by influencing policymakers. For more information in England and Wales see www.citizensadvice.org.uk
  2. The advice provided by the Citizens Advice service is free, independent, confidential, and impartial, and available to everyone regardless of race, gender, disability, sexual orientation, religion, age or nationality. For online advice and information see www.adviceguide.org.uk
  3. Citizens Advice Bureaux in England and Wales advised 2.1 million clients on 7.1 million problems from April 2010 to March 2011. For full 2010/2011 service statistics see: www.citizensadvice.org.uk/press_statistics
  4. Out of 22 national charities, the Citizens Advice service is ranked by the general public as being the most helpful, approachable, professional, informative, effective / cost effective, reputable and accountable. (nfpSynergy’s Brand Attributes survey, May 2010).
  5. Most Citizens Advice service staff are trained volunteers, working at around 3,300 service outlets across England and Wales.

About Nationwide Building Society

As a UK based mutual, Nationwide Building Society exists solely for the benefit of our members, we help them and their families meet their financial needs in a sustainable, responsible and secure way - as we have done since 1846, in a manner that is open, honest, and fair.

Corporate Responsibility and Nationwide Building Society

We continue to explore how to best make a difference to lives across the UK by supporting people in times of need, developing financial capability and investing in social innovation:

  • ·NationwideEducation, our web based financial capability programme is part of our commitment to developing financial literacy. Launched in 2007 the site was carefully researched, planned and developed with teachers, to deliver financial education linked to the National Curriculum
  • ·To encourage students to develop personal finance skills NationwideEducation in partnership with Edexcel, launched the financial literacy qualification ‘Money Management and Finance Skills’.
  • ·To further support newly-independent teenagers we have developed a set of creative films clearly explaining how to best manage a bank account
  • ·Our volunteering policy allows employees two paid days off to contribute their time to a community cause of their choice.
  • ·Nationwide is investing in driving more community activities at a local level, including employees and members in our work and extending the impact of our work in financial capability and housing