Armed Forces Pension consultation regarding new flexible service opportunities

New Flexible Service Opportunities for Armed Forces Personnel and their Implications for the Armed Forces Pension Schemes

Over the last few years, we have talked extensively about the need to make the Armed Forces an attractive place to work; both to retain personnel and attract recruits. The 2015 Strategic Defence and Security Review committed this government to allow the Armed Forces to work flexibly, better reflecting the realities of modern life.

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Accounts monitoring: concerns highlighted by auditors in their audit reports 2017

Reports of Charity Commission accounts monitoring reviews.

In 2017, 80 charities filed accounts with a modified audit opinion, meaning that their accounts are, or may be, materially misstated. This is 17 fewer than in 2016. The main reasons why auditors issued modified audit opinions continued to be inadequate accounting records and not following accounting requirements.

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Moneyforce Turns Five

MoneyForce, a service that provides money advice to UK Service personnel, their partners, families and dependants, is celebrating its fifth birthday and has introduced a new tool, GoalSaver: Holiday Planner.

MoneyForce is funded and delivered by The Royal British Legion in partnership with the Ministry of Defence. It is designed to better equip the serving community to manage their money and financial affairs.

The GoalSaver: Holiday Planner tool helps users plan for a holiday by working out how much it will cost in total based on their requirements, how much they will need to save, and by when.

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Did you know that RNBT can provide assistance with care home fees and also with domiciliary care?

You might not be aware that RNBT can offer support to older members of The RNBT family by making a contribution towards care home fees. RNBT can also make a contribution towards the cost of domiciliary care. If you know someone who is an ex-RN or RM rating, including reservists, or their widows, then ask them to get in touch with SSAFA who will arrange a home visit and make a recommendation for funding to RNBT.

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Accounts monitoring: Reporting of matters of material significance by auditors

The Commission reports on its accounts monitoring reviews to make charities more transparent and accountable, help trustees understand the risks charities face and improve reporting standards.
Auditors have an important role and their reports of matters of material significance inform the Charity Commission’s regulation of the charity sector and enable them to engage more promptly with charities in difficulty. In the six months to 31 October 2017, the auditors of 114 charities gave audit opinions containing information that they were required to report to the Commission as a matter of material significance.

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Start your journey to being debt free!

Did you know? In the UK 1 in 4 workers lose sleep worrying about their finances with average household debts (excluding mortgages) now reaching £12,887.*

To help members of the Armed Forces take back control of their finances for 2018, we have launched a Debt Consolidation New Year Loan. We want to encourage our members to see if they can save money, by paying off any existing debt into one affordable monthly repayment straight from their pay.

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Plane Saver – How we’ve grown and moved forward to better help the people we serve

Plane Saver is a financial services provider with a social conscience. Working alongside some of the world’s leading organisations, we provide an ethical way for their employees to save and borrow with repayments straight from their pay.

We now serve over 12,500 members and continue to remain passionate about striving to improve the financial well-being of the people we serve. Now more than ever, organisations are fast recognising the benefit of a credit union facility for their employees, as they continually look to improve the financial well-being of their workforce.

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Safeguarding is a key governance priority for all charities, says charity regulator

Charity Commission publishes new safeguarding strategy and says safeguarding goes beyond protecting at risk groups

Trustees should take steps to ensure no one who comes into contact with their charity suffers distress or harm, as well as safeguarding children and adults at risk, says regulator of charities.

The Charity Commission’s new safeguarding strategy says that safeguarding is a key governance priority for all charities, not just those working with groups traditionally considered at risk.

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Our Executive Members

RT @CloreSocial: Today at 4.30pm our Director of Programmes @_LouDrake_ is hosting a FREE taster session for our #HEY100 #Trustee Learning… … view tweet

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