Evaluation Scotland Wales

Join Relate, MAS and the Chartered Institute for Securities & Investments on 12 November

12 November - For love & money: Understanding links between finances and relationships to better help couples

Thursday 1 November 2018

De Vere Grand Connaught Rooms, 61-65 Great Queen St, London WC2B 5DA

Monday 12 November, 6.00-8.30pm

As part of Talk Money Week, The Money Advice Service, Relate and the Chartered Institute for Securities & Investments invite you to an evening exploring relationships and money.

Agenda

Disagreements over finances are a major source of conflict in relationships. Relationships can also pose challenges for couples’ money management and can inhibit a couple’s financial capability. If couples have different approaches to managing money or different attitudes towards money, this can create difficulties. And conflicts over finances can also have deeper roots in underlying relationship dynamics.

Dealing with conflicting approaches towards money is therefore a significant challenge for financial planners/advisers as well as for relationship counsellors/therapists.

But through working together and learning from each other across sectors, we may be able to improve the information, guidance, and support for consumers who have different approaches to money to talk about money and work together on their finances. This discussion event will bring together the financial advice/planning sector, the relationship support sector, the money guidance sector, and the financial services sector, in conversation to:

  • Gain a fuller understanding of the money-relationships issue, learning across sectors about the ways in which finances can complicate relationships and how relationships can complicate finances
  • Share practice examples across sectors and insights into what works, increasing understanding of how practitioners can help couples who are stuck in financial disagreements to resolve conflict and manage finances together
  • Enable ‘cross-fertilisation’ and enhanced understanding across sectors
  • Identify opportunities for practitioners to work together across sectors to best support consumers
  • Explore how money guidance services and financial services’ communications to consumers can help couples to understand how their finances and relationships can become entangled, to manage finances together and to improve financial capability at the household-level.

The discussion will be followed by networking and further discussion over a glass of wine.

Speakers

  • Prof Sharon Collard, Research Director of the Personal Finance Research Centre University of Bristol
  • Prof Jan Walker OBE, Emeritus Professor of Family Policy, University of Newcastle
  • June Brogan, Counsellor and Area Manager, Relate
  • Marlene Outrim CFP, Certified Financial Planner and Chartered FCSI
  • Chair: Claer Barrett, Personal Finance Editor of the Financial Times (invited)

Why attend?

  • Gain insights from across sectors into how relationships can pose challenges for money management, and vice versa, developing more holistic understanding
  • Learn from other sectors what works to support couples work through financial conflicts and manage money together
  • Hear from experienced relationship counsellors and certified financial planners as well as high-profile academics in both fields
  • Identify ways in which the financial advice/planning sector, the relationship support sector, the money guidance sector, and financial services can work together to deliver solutions for consumers
  • Opportunity to debate and discuss key challenges, shape the conversation and be involved in future joint action to tackle them
  • Networking opportunity
  • Benefit from professional development.

Register free on Eventbriteopens in new window.