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Easing the pension burden on charities, just slightly…

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June 15, 2012 at 11:59

Having gone through one or more tough pension valuations in the last few years, many charities have put their schemes on a financially stronger footing by reducing benefits, higher contributions, long term recovery plans and the pledging of assets. Those facing a valuation in the last 12 months or in the near future could be forgiven for being disheartened for the deficit stubbornly refusing to reduce. The primary cause is nothing to do with investments as most asset classes have delivered some impressive performance over the last few years. Instead it is the valuation of the liabilities, which are based […]

Charity fraud – an ounce of prevention is worth a pound of cure

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June 8, 2012 at 13:12

Last week we launched our Charity Fraud guide, along with the Fraud Advisory Panel’s (FAP) Safer Giving guidance for donors, at a special breakfast seminar event.  We easily secured the first three speakers, from the FAP, National Fraud Authority (NFA) and Charity Commission, however the fourth speaker – a charity who had experienced fraud and was willing to talk about it – proved somewhat more difficult to find.  Few suitable names sprung to mind and even fewer that we thought might be willing to stand up and share their story.  Just organising the fraud event was indicative of the challenges […]

Foot-shooting policy making

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May 14, 2012 at 15:30

The tax relief cap policy is the latest example of charities (and their beneficiaries) suffering disproportionately as a consequence of badly thought through policies – in other words charity and our civil society being an after-thought and not the first thought. Decisions are being made as a result of simplistic politically charged arguments, without considering the wider picture – in a time where society needs it most, fostering a strong civil society has become the last thought.   This is essentially an example of poor policy making, and poor policy making often has damaging results.  In the example of the tax relief cap […]