What Works Fund

The What Works Fund is a £7 million fund set up to help establish the most effective methods of improving financial capability across the UK. We know that four out of ten adults are not in control of their finances and around 16.8 million working age people have less than £100 in savings.

However, very little evidence currently exists on the best way to address this issue. That is why the What Works Fund aims to build evidence and to establish the interventions which best help people to manage their money. Ultimately, the aim is to scale up the most effective projects in order to improve the levels of financial capability of millions of people across the UK.

The below projects are confirmed to receive funding from that What Works Fund so far. For any further information, contact what.works@moneyadviceservice.org.uk.

1625 Independent People

Age Cymru: Swansea Bay

CAB Basingstoke

CAB North Liverpool

CAB Southwark

Campaign for Learning

Centre for Responsible Credit

Centrepoint Soho

Community Links

Cornwall Rural Community Charity

Good Things Foundation

Groundwork West Midlands

Just Finance Foundation

Move On

MyBnk

National Numeracy

National Skills Academy for Financial Services

National Youth Agency

Royal Society for Blind Children

Shelter Scotland

The Money Charity

The Royal Leicestershire, Rutland, Wycliffe Society for the Blind

The Wales Co-Operative Centre

West Kent Housing Association

Young Scot

Youth Cymru