Fair4All Finance has been founded to support the financial wellbeing of the most vulnerable groups in society by increasing access to fair, affordable and appropriate financial products and services.
Through increasing access to and the use of fair financial products and services, we will help vulnerable people to meet their day to day financial needs, absorb shocks and smooth incomes.
Our Vision: is of an equitable financial sector that contributes to the long-term financial resilience of all people.
Our Mission: is to support the financial wellbeing of the most vulnerable people in our society by increasing access to fair, affordable and appropriate financial products and services.
Founded in February 2019, Fair4All Finance was established in response to the government’s commitment to allocate dormant assets money to financial inclusion initiatives.
Our challenge and opportunity is to deploy the dormant assets money to ensure that affordable credit, and other financial products and services, serve the needs of vulnerable people at scale.
We are in a position to be able to build on great work that has taken place by the Department of Digital, Culture, Media & Sport (DCMS) and the National Lottery Community Fund (NLCF), in close partnership with HM Treasury, the Cabinet Office, the Department for Work & Pensions and the FCA. We are grateful for the support of this group and we plan to work in close partnership with these groups.
We are eager that our work adds to the great work that is already happening in this space. We are using an evidence-based approach to determine what activities our funding goes to and the way this funding is structured.
To help inform our inaugural strategy, we are currently meeting with a range of stakeholders, undertaking extensive analysis of existing data and conducting our own primary research.
We plan to work collaboratively across the financial inclusion and financial services sectors. If you think you have some knowledge or are aware of a programme that is relevant to the work that we are doing, please contact us.
Richard was appointed as the Founding Chair of Fair4All Finance in February 2019 after being selected by an independent panel chaired by Sir Leigh Lewis. Richard was on the second Dormant Asset Commission in 2017 which looked at the expansion of the dormant assets scheme and was previously Global Vice-Chairman at PwC.
He has been working in an advisory capacity with DCMS on the subject of financial inclusion since 2018 and is currently Chair of a number of companies, charities and social enterprises, including the School for Social Entrepreneurs.
Tom leads on strategy and policy for Fair4All Finance. He formerly worked in the Government Inclusive Economy Unit in the Department for Digital, Culture, Media and Sport, where he led the policy development work to establish Fair4All Finance. Previously, he worked at tech start-up GoCardless, founded a social enterprise, and spent four years at Accenture in their digital and international development practices. He holds a BSc from the University of Bath.
Sacha is leading on the Affordable Credit workstream as well as developing the vision for the future state of affordable credit. She is the ex CEO of Grant Thornton and co-Chair of the Inclusive Economy Partnership and has extensive experience of working with businesses, government, policymakers and the voluntary sector to address key systemic future.
Johnathan is an ex PwC Financial Services Consulting partner with a specialism in FS technology. He has a broad range of experience in delivering change at a range of FS organisations generally enabled by technology. He also led the PwC Payments and Open Banking practices in the UK. Johnathan will be leading on understanding the technology opportunities for the affordable credit market, including how affordable credit providers can best scale.
Linda worked with PwC for 27 years and has extensive experience of leading and working with dynamic, complex and diverse leadership teams and developing business strategies for successful business performance. Linda qualified as a chartered accountant and chartered tax professional and also has an MBA.
Leonie is a third-sector communications specialist. Since studying Social Policy at the University of Bristol, she has worked with a number of different charities and social enterprises in the UK and overseas. She is currently leading the development of Fair4All Finance’s brand and communications strategy.