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Low Pay and High Cost Lending: Ensuring Fairness for All

LOW PAY AND HIGH COST LENDING
The role of mission-driven investors in achieving a better society

Venue: Wren Suite, St Paul's Cathedral
Date: 16th April 2012
Time: 6.15pm - 8pm

Treatment of low paid workers. Financial exclusion. The impact of high interest rate and payday lending. Investors who care about how these issues impact on the poorest and most financially vulnerable people within society will have an opportunity to a) learn what is being done now, and b) discuss what more might be attempted in order to address the very human consequences arising from them.

St Paul's Institute, in conjunction with the Church Investors Group (with combined assets of £12bn), invite you to join other charity investors to discuss the role that values based investors and financial institutions could be playing to ensure the UK financial service sector is fair for all stakeholders.

Speakers Include:

Catherine Howarth, CEO of FairPensions, the campaign for Responsible Investment, will introduce the JustPay! campaign that, in co-operation with investors, has encouraged the largest companies within the UK to pay all staff and contractors the living wage.

Dr. Stella Creasy, MP for Walthamstow, winner of The Spectator Prize for Parliamentary Campaigner of the Year 2011, will talk about her work as part of the 'End Legal Loan Sharking Campaign'.

Edward Mason, Secretary to the Church of England's Ethical Investment Advisory Group, will explain the decision of the Church's investing bodies to extend their investment exclusions to high interest rate lending.

Ben Hughes, Chief Executive of the Community Development Finance Association, will also introduce 'Just Finance' a simple but ambitious plan of how to scale up the impact of Community Development Finance Institutions.

The event will be chaired by Andrew Robinson, MBE. Director, CCLA.

Located within the City of London, St Paul's Institute seeks to foster an informed Christian response to the most urgent ethical and spiritual issues of our times: financial integrity, economic theory, and the meaning of the common good.

The Church Investors Group represents many mainstream Church denominations and organisations in Britain and Ireland. Each member has its own investment policy but members work together on issues of common concern. It has 37 members with combined assets of around £12 billion.

This event is free but registration is essential.  (PDF Download)

Please RSVP to Robert Gordon via or 020 7489 1011.