The Social Fund is an important part of the welfare state. It makes
provision for those on very low incomes to help them deal with
problems getting affordable credit, sudden unexpected costs and
crises. In this Green Paper, "Social Fund Reform: Debt, Credit and
Low-Income Households (Cm. 7750)" the Government seeks a
consultation to review the role and design of the Social Fund to
maximise its impact. It wishes to change the Social Fund scheme
away from its short term role into something more sustainable. The
Government sets out a number of aims including: a scheme that is
simpler for customers to understand and use and also simpler for
Department for Work and Pensions' staff to deliver to ensure better
value for money; to play a more active and sustainable role in
helping people resolve their longer-term financial needs and
supports them to become more financially independent, as well as
dealing with short term crises; and, to ensure the scheme is set
within the wider context of financial inclusion and education, and
is aligned with the range of products and services that the
Government delivers for people with complex and enduring needs. The
publication is divided into nine chapters. Consultation responses
should be received by the closing date of the 07 June 2010.
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