Fair4All Finance has been established in response to the government’s commitment to allocate dormant assets funding to financial inclusion initiatives. The organisation will support the financial wellbeing of the most vulnerable groups in our society by increasing access to fair, affordable and appropriate financial products and services. It will build on the great work that has taken place over the last year to set the direction of the funding, which was led by the Department of Digital, Culture, Media & Sport and the National Lottery Community Fund, in close partnership with HM Treasury, the Cabinet Office, the Department for Work & Pensions and the FCA.
Fair4All Finance’s challenge and the opportunity is to deploy the dormant assets money to ensure that affordable credit, and other financial products and services, serve the needs of vulnerable people at scale.
