The Welsh Government is currently revising its Financial Inclusion Strategy, with a new Strategy to be published in 2016. As the existing Strategy was published in 2009, it is anticipated this will be a significant revision which will take into account the changes to the economy, welfare reform, concerns around high-cost credit and the ability of service providers to support people whilst their own resources are reducing.
The Financial Inclusion Strategy will set out how Welsh Government aspires to work with partner organisations, both within Wales and at the UK level, and is focused on three core themes:
- Access to affordable credit and financial services;
- Access to financial information, including debt advice; and
- Building financial understanding and capability.
The revised Financial Inclusion Strategy is being issued for a 9-week consultation period and as part of this consultation Welsh Government is seeking your views.
Please feel free to send the email and consultation link on to any external stakeholders you think may wish to respond.
Relevant consultation documents can be accessed via the link below.
Please can you send your completed online form via the link below.
The closing date for the consultation is 4 January 2016.