Polly Mackenzie, Author

Building financial wellbeing

17 November 2016


Under Universal Credit, the default arrangements for those in receipt of benefits are changing. Unless they can prove their vulnerability, and need for Alternative Payment Arrangements, individuals will be expected to pay their own bills, including housing, and manage with monthly budgeting with benefits paid only monthly.

While a new wave of financial technology is now creating products that simplify the financial management of those in work, it will soon be those out of work, on the lowest incomes and with the worst mental and physical health, who face the largest administrative and emotional burden of financial management. This report explores Universal Credit and mental health, and the need to build financial wellbeing.


Read the full policy note here