Publication
Childcare Tax Credit Survey
Date: 15 March 2011
A new survey of over 2,000 working mothers has revealed that over half will be forced to stop work or significantly reduce their working hours, as a result of cuts in the level of support for childcare costs, due to start this April.
The changes relate to the childcare element of the Working Tax Credit, which is claimed by around 450,000 working households across the UK, mostly on household incomes below £30,000. Under the current system, working parents can claim support for up to 80% of the costs of childcare, but from April that figure will fall to 70%.
Tackling the adequacy trap: earnings, incomes and work incentives under the Universal Credit
Date: 16 February 2011
This briefing explores the relationship between gross earnings and net incomes at various points in the bottom half of the income distribution, under both the current tax and benefit system and the future Universal Credit model. It considers how these alternative systems relate to poverty and adequate income levels and concludes with some general observations about what difference the new Universal Credit system might make.
Behind the Balance Sheet: the financial health of low income households
Date: 22 March 2010
Author: Sophia Parker
This report summarises current statistical data relating to the financial health of low earning households, and complements this with new qualitative data to give a fuller and more accurate picture of financial health. The report aims to provide a useful challenge to some of the common assumptions that cloud the debate about how to improve the financial health of low earning households.
Compare and Contrast: how the UK comparison website market is serving financial consumers
Date: 11 October 2007
Author: Claudia Wood
This report examines comparison websites offering comparative information regarding financial products. The objective was to provide a representative snapshot of the sector to inform our analysis of how well the sector is serving consumers, particularly those on low to median incomes and to identify areas that could be improved in light of the wider policy context.
The Advice Gain: the impact of generic financial advice on the financial services industry
Date: 14 March 2007
This report summarises the predicted impacts on the financial services industry of improved financial decision making by low and median earners, driven by increased access to financial advice. It is based on economic modelling carried out for the Resolution Foundation by Deloitte.
Generic Financial Advice: evaluating commercial approaches
Date: 21 December 2006
This report analyses whether generic financial advice services could be provided on a commercial basis and, if so, what form they would take and which sections of society they would serve. The report is based on previous research, interviews with practitioners in the industry, the regulator and other interested organisations, and the author’s experience in his own commercial career.
A National Dividend: the economic impact of financial advice
Date: 15 September 2006
Author: Patrick South
This report evaluates the case for developing a national advice resource to provide impartial, generic financial advice targeted at people on low to moderate incomes. It is based on modelling commissioned from Deloitte & Touche LLP to assess the impact of receiving financial advice on financial outcomes for individuals in this income group and the implications of this for public expenditure on Pension Credit.
RP0606Lessons from New Zealand's Retirement Commission
31 August 2010
File type: pdf | Size: 105.4 KB
Lessons from New Zealand's Retirement Commission for UK Policy on Financial Awareness and Advice
Date: 6 June 2006
This report was commissioned by the Resolution Foundation to inform our work on low earners’ financial advice services. The report investigates how the Retirement Commission in New Zealand encourages greater financial awareness and provides financial advice and comments on the especially relevant lessons for UK policy, taking into account differences between the UK and New Zealand financial environments.
Closing the Advice Gap: providing financial advice for people on low incomes
Date: 31 May 2006
Author: Patrick South
This report examines the demographic and financial characteristics of people on low to moderate incomes and investigates whether a new national resource could be established, funded through a public-private partnership, to provide generic financial advice targeted at this group.
Alliance for Health & the Future's Demographic Study: living in the advice gap
Date: 8 February 2006
This report, a partnership between the Alliance for Health in the Future and the Future Foundation, details the results of research into the social and economic profile of low earners for the Resolution Foundation.
2012 2013 2020 activity rate Anna Vignoles April arrears Audit autumn statement balance benefit system benefits borrowing Britain budget budget 2011 budget response business case business impact cchpr child outcomes childcare Clive Cowdery Commission Commission on Living Standards conditionality cost of living wage council tax council tax benefit creditworthy david willetts Debt debt forgivenes debt target degree demographics discussion paper distribution donal hirsch earnings economic economy education election elizabeth washbrook emergency budget employment employment rate evidence expert group families family female employment finance financial advice financial capability financial health financial services financial services industry forbearance Gavin Kelly GDP gearing generation rent government Green Paper gregg growth growth without gain growth. niesr HM Treasury consultation holmes hourglass House of Commons House of Lords household debt household income Housing IFS in-work income inequality institutional investment interest rates international James Plunkett jane waldfogel jobs jobs gap John Van Reenen jonathan portes labour market labour share lane kenworthy lee savage letting agents Liam Wren-Lewis living standards living wage LMIs long-term care Louisa Darian low earner constituencies Low earners low earners audit low income low pay Low Pay Britain low pay threshold low to middle income low wages low-to-middle earners machin macro economic matthew pennycook Matthew Whittaker mayhew Mike Brewer minimum wage missing million missing out mobility mortgages mothers MPs mum netmums non-employment rate OECD older on your marks Parliamentary briefing part time Pensions Bill Pensions White Paper personal allowance peter williams plan c polarisation Policy Press polling population poverty pre-budget report private rented sector productivity projections property assets public sector deficit recession reform rent renting Resolution Foundation Resolution Foundation briefing response routine jobs sanctions sector share shelter skills social social care market social mobility social mobility foundation Sophia Parker squeezed Squeezed Britain Squeezed Middle submission survey sutton trust tax tax credits tax cuts tenure The squeezed middle think tank think-tank Thoresen Review Transact Treasury Select Committee unemployment Universal Credit Vidhya Alakeson wage bill wage share wages welfare reform welfare state White Paper who gains from growth women Work Work and Pensions Select Committee work incentives work-life workers workforce
Useful links
Twitter Feed
Resolution Foundation
23 Savile Row, London, W1S 2ET
E: info@resolutionfoundation.org
T: 020 3372 2960
F: 020 3372 2999
For out of hours enquiries
M: 07443 042 722 / 07792 154 707
Company Number 5588883
Charity Number 1114839
© The Resolution Foundation 2012
