Daily Archives: Wednesday, March 17, 2010

MP ‘sees nothing but a fudge’ on phasing out of cheques

If charities thought cheques being phased out by 2018 was a foregone conclusion, they might have to think again. The Payments Council proposed the move last year and has been consulting charities and sector umbrella bodies, as well as small businesses and other groups. Many, including Citizen’s Advice and the Institute of Fundraising, had come… Read more »

Many charities don’t realise how bad their pension problems really are

A few recent stories highlight the impact of the wider pensions crisis on the charity sector. The combined pensions deficit of the 20 largest charities is around £720m, according to a study by Alexander Forbes. And last week, two pensions specialists who advised charities in the Scottish Voluntary Sector Pensions Scheme – a multi-employer scheme… Read more »