We have been asking some key stakeholders across the Serve and Protect family about the work they have been doing to improve the financial resilience of their colleagues and what it means to their organisation.
In our second edition we feature British Transport Police Federation General Secretary, Mark Marshallsay:
For us, it’s about making sure our members are in the best possible position to face the financial challenges life can throw at us. Everything from health issues to divorce can leave us financially vulnerable.
The pandemic has definitely had an effect on some of our members, particularly those whose loved ones have lost their jobs or had to change jobs. The Serve and Protect survey highlighted some concerns around the ability to cope with changes in financial circumstances and in some cases, a lack of savings to fall back on.
We speak to new recruits about the support available from the Federation and the Force, and share information on this with our members via our social media channels. We have a Welfare Fund and we’re doing more to make sure officers are aware of the grants, loans and advice available. The recent survey has prompted us to look at what we can do to address more specific concerns around avoiding and managing debt.
Money and death are the two subjects people typically talk about least. We need to help people feel comfortable talking about their finances so we can direct them to the most appropriate sources of advice and support. The cost of living is increasing and sadly, there are unscrupulous credit providers taking advantage of people’s embarrassment about their personal finances.
Take the advice that’s offered and ask for help if you need it. Neither we, the Force or your colleagues want to see you in financial difficulty. From the day of your first pay packet, putting even a small amount of money away will help you to deal with unforeseen circumstances in the future.
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Serve and Protect Credit Union2022-07-27 10:14:242022-07-27 10:14:24Lottery Results: June 2022
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Serve and Protect Credit Union2022-07-25 09:39:142022-07-25 09:39:14PrizeSaver Results: July 2022
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Serve and Protect Credit Union2022-06-28 11:32:492022-06-28 11:32:49Lottery Results: May 2022
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