The Standard Financial Statement and low-income households - The FinCap Blog

Daniel Kelly, co-ordination and engagement manager at the Money and Pensions Service, describes the Standard Financial Statement and recent updates in household finances on The FinCap Blog.

Daniel explains what the SFS spending guidelines are, what changes were made in the 2019 guidelines and calls for advisers to submit case studies with an SFS to help understand how the wide impact of poverty affects the contents of the SFS. 

The full blog can be found here