Financial Capability in Newham
We are Age UK East London, an organisation working with older people and carers in the City, Hackney, Tower Hamlets and Newham.
We work with our service users in hospitals, communities and in their homes, helping them to retain choice over the direction of their lives, through connecting them to services, activities and others in their communities.
We are delighted to have received a NatWest Skills & Opportunities Fund grant, which will allow us to run our Financial Capability in Newham project, aimed at those in the local area aged 50 and over.
This project will provide the information, support and skills required to plan and manage finances effectively, including: maximising income, preparing financially for major life events and the ability to access choice and value for utilities and services.
The funding will allow us to reach 500 people aged 50-plus, to offer information and advice appointments to support financial capability and security – including retirement planning and benefits advice. It will also allow us to create a digital finance café to give older people the confidence to use the Internet to compare and buy services, giving them choice and control over their finances in retirement.