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TISA comments on ‘Penny for London’

October 29, 2014

Commenting on the Mayor of London’s launch today of a ‘Penny for London’, Kim Holloway, Director of Engagement, TISA said:

“Penny for London is a fantastic initiative and demonstrates how technology is able to fundamentally change the way we donate.  Small donations made on a regular basis can really make a difference to those in need.

“TISA’s Technology Innovation Forum is working with the financial services industry to explore whether this principle can be applied to savings, so that people on tight budgets and modest incomes can make small and regular contributions to a savings or investment pot. 

“We believe that the concept of ‘little and often’ can be applied with great success to both charitable giving and personal saving.”

Ends……

For further information, please contact:

Kim Holloway, Head of Engagement, TISA – Mobile: 07971 481644
Email: kim.holloway@tisa.uk.com

Issued on behalf of TISA by Newgate Communications, contact Alistair Kellie – Tel: 020 7680 6558 or 0780 12345 98
Email: alistair.kellie@newgatecomms.com

Notes for Editors

TISA

TISA is a not-for-profit membership association operating within the financial services industry.  We represent the interests of over 145 member firms involved in the supply and distribution of savings and investment products and services.
 
TISA has a highly successful track record in working cooperatively with government, regulators, HMT, DWP and HMRC to improve the performance of the industry and the outcomes for consumers. Policy and regulation continues to be the major focus for our members with regard to corporate responsibility.
 
TISA and its members’ remit is evolving into a clearer focus on pro-active consultation in the regulatory world in order to influence policy and associated regulation before its creation, rather than reacting to issued policy directives. This will help to ensure a more considered policy creation from the authorities.

www.tisa.uk.com