Faith Reynolds

What she does outside the Panel

Faith is an inaugural Clore Social Fellow, currently undertaking research on Big Society while being based at the Institute for Government. Faith is a member of HM Treasury's Financial Inclusion Taskforce and its Money Advice Sub-group, advising Government on its financial inclusion strategy. Faith has two small children and is actively engaged in her local community.

Positions held in the past

Until Autumn 2009 Faith was Development Manager at Toynbee Hall, East London, where she led strategic development for Financial Inclusion. She established Services Against Financial Exclusion in 2002, which has since helped over 10,000 people manage their money more effectively. In 2004 Faith founded Transact, the national forum for financial inclusion which has over 1,400 organisational members across the UK from the not-for-profit, public and private sectors. She has developed a range of resources, funding initiatives and forums to build capacity across the financial services and voluntary sectors. Before this, Faith worked at LEK Consulting on a variety of projects including financial services and regulation.

Reasons for joining the Panel

Having access to financial services in this country is essential to being socially included. In fact, there is no viable alternative to financial services. As the financial crisis has shown us, there is an urgent need to make sure that the financial services industry operates in the consumer interest. Faith joined the panel to raise the profile of consumers in the debates about regulation.

Areas of particular interest on the Panel

Faith is particularly interested in increasing transparency and accountability within financial services as a way of enabling consumers to enforce their rights as a competitive force in the market.

Photographs

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