News

How to budget on a small income

Budgeting is important no matter what your income so that you can keep track of your finances and achieve your financial goals. Of course, budgeting on a low income can be challenging – it isn’t just a case of what to do with your surplus income, but more how to…
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5 Budgeting Tips for Beginners

The start of a new year often reminds us to take a look at our finances and our spending habits. We’re encouraged to set resolutions around saving money, paying off debt or making that big purchase such as a holiday, house or new car. To many people, this can feel…
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Vulnerability implications of the increase in the self-employed

Recent Office of National Statistics (ONS) employment figures showed the rise in the number of self employed people in the last year was greater than the rise in the number of employed people (an annual rise of 195,000 to September, compared with 110,000 employed people). The proportion of all workers…
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Support for our Armed Forces community

On this day, Armistice Day, it feels particularly poignant for us at the VRS to pay tribute to the selfless and heroic role that our veterans have played in keeping our country safe. We value the sacrifices that have been made, and remain constantly grateful for their contribution to our…
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VRS Power of Attorney

Planning ahead with a Power of Attorney: don’t wait until it is too late No one wants to think about what would happen if they lost mental capacity and could no longer manage their affairs. But many people don’t realise that if you don’t appoint someone to have power of…
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A secure point of reference for vulnerable consumers and organisations they deal with

CCR magazine have an article this month about the VRS and the success of the recent launch event, as well as flagging the polling conducted by ComRes. The article describes the register as a 'secure point of reference for vulnerable customers ', and notes that the VRS gives organisations dealing…
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VRS evidence to the Lords Gambling Industry Committee

The House of Lords Gambling Industry Committee was appointed in June 2019 to consider the social and economic impact of the gambling industry. They published a call for evidence to look at how effective the current gambling act is at protecting vulnerable people from being harmed by gambling, and whether…
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Synectics partnership is a significant step in the VRS story

The news last week that Synectics Solutions was partnering with the VRS, and would be using the register to allow their clients to conduct vulnerability searches, was a huge boost to the VRS and a sign of the speed at which the VRS is starting to grow and receive recognition…
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PRESS RELEASE: PARTNERSHIP BETWEEN THE VULNERABILITY REGISTRATION SERVICE AND SYNECTICS SOLUTIONS TO SUPPORT VULNERABLE CONSUMERS

1 October 2019 (London, UK) – Not-for-profit initiative, the Vulnerability Registration Service, today announces a partnership with Synectics Solutions, one of the UK’s leading data management and software providers, with the aim of helping to protect vulnerable consumers from financial harm. The issue of consumer vulnerability is one that is…
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More action needed from the gambling industry

It is an issue that continues to rear its head, and an area where it seems that far more could be done to support vulnerable consumers. A BBC News article this week explores the extent to which gambling is still big business in the UK. According to the industry regulator,…
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