In March 2019, CHASM completed the leadership of an 18 month project for the Money and Pensions Service (MAPS) it had overseen with various partners: University of Edinburgh, Toynbee Hall, Ecorys (UK) Ltd and David Hayes Research Ltd.
This project commissioned a major overhaul, updating and significant growth to the MAPS Evidence Hub. The Evidence Hub brings together the widest possible range of evidence on all aspects of personal financial capability development. The work undertaken by the CHASM-led team included more than doubling its base of evidence – now standing at 374 sources of evidence. Both researchers and research commissioners are able to use the evidence to plan new contributions to the field of financial capability building directly on the prior work of others as effectively as possible.
The latest work under this project has just been released by MAPS – four thematic reviews that the team produced. The thematic reviews provide a higher level overview of different areas of research that provide specific insight to financial capability, and provide a view on what might be gaps in the available evidence that need to be filled in the future.
These reviews consist of:
- How can we help people who are reliant on credit to make ends meet? by Jen Durrant from Toynbee Hall
- How can we improve financial wellbeing in the workplace? by Andy Lymer and Lee Gregory from CHASM
- How can we improve the financial capability of young adults? by Lee Gregory and Andy Lymer from CHASM
- What is financial confidence, and how can we improve it? by Jenny Williams from Ecorys (UK) Ltd
A further report on ‘Peer-to-peer support’ is forthcoming - written by Tina Harrison and Jake Ansall from University of Edinburgh.
- Visit the Money and Pensions Service Evidence Hub