Lift ban on public investing in social impact bonds, says BWB lawyer
Tags: Social investment
Vibeka Mair
Vibeka is a senior reporter for Civil Society, specialising in finance and governance.
She has been a journalist since 2004, previously working on music, pension, investment and utility titles.
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The ban on the general public investing in unregulated collective investment funds such as social impact bonds, should be lifted, says Luke Fletcher of Bates, Wells and Braithwaite.
New Philanthropy Capital is launching a survey which will attempt to build a picture of how charities are coping with new, more complex and competitive commissioning arrangements, such as payment-by-results.
Minister for employment Chris Grayling has confirmed that official statistics on the Work Programme, including referrals data, will be published for the first time on 21 February 2012.
Labour MP Hazel Blears plans to write to minister for civil society Nick Hurd urging him to consider a statutory definition for social enterprise, after he recently confirmed that the government had no plans to introduce one.
Minister for civil society Nick Hurd has said organisations that feel there are ‘serious grounds for complaint’ in how the Compact is working should take it up directly with him.
Citizens Advice appointed its new auditor following the resignation of Baker Tilly which wanted to include the organisation's pensions deficit in its books. Vibeka Mair runs through this and other audit new business wins that took place in Dec 2011 - Jan 2012.
News
Include community finance support in Treasury remit, says CDFA
Tags: Social investment | Banking
The Community Development Finance Association has called on government to enshrine support of community finance as an HM Treasury remit, as part of its new campaign to build the community finance sector.
News
Mental health problems cost the UK £67bn a year, says NPC report
Tags: Funding | Social investment
A failure to treat people with mental health problems and help them back into work costs society £67bn annually, says New Philanthropy Capital, which is calling on funders to help scale up mental health prevention charities which operate in the workplace