S2024 Ep4: Talking about... Pensions and charities

The Charities Statement of Recommended Practice (SORP) is about to get an overhaul. CFG's Head of Policy, Richard Sagar, talks to SORP experts Carol Rudge and Debra Allcock-Tyler about what could change and how it could impact charities, large and small. If you want to understand more about the new Charities SORP, you won't want to miss this episode! Resources: The Charities SORP website Charities SORP - Invitation to comment Charity Commission press release: Updated SORP FRS102 CFG's SORP news page Podcast produced and edited by CFG. If you have any questions or comments, please email Emma Abbott, Communications Manager: [email protected].  The views and opinions expressed in our podcast are those solely of the guests and do not necessarily reflect the views of Charity Finance Group. 

In this second episode looking at the topic of leadership, charity finance and leadership experts Judith Miller (Sayer Vincent) and Maggie Smith (Centre for Charity Effectiveness, Bayes Business School) talk to CFG's Emma Abbott about why finance professionals make great leaders, and what they can do to hone their leadership skills. If you'd like tips on how to be a better leader (and human being!) listen to this latest CFG podcast and check out their recommended resources below! CFG resources: The Finance Journey  Inspiring Financial Leadership (look out for information on our Events & Training page) CFG's Knowledge Hub Other resources: ·       Cracking the Code: The Secret to Successful Strategy Execution & Lessons for the C-Suite, Rommin Adl ·       Emotional Intelligence: Why it can matter more than IQ, Daniel Goleman ·       Atomic Habits, James Clear ·       The Power of Habit, Charles Duhigg ·       Mindset, Carol Dweck ·       The Chimp Paradox, Prof. Steve Peters ·       The outstanding leadership research – Exceeding Expectation ·       Uncharted, Margaret Heffernan (find her on Substack) ·       Dare to Lead, Brene Brown, plus The Gifts of Imperfection and Rising Strong ·       Why Should Anyone Be Led By You? Rob Goffee and Gareth Jones ·       Ted Lasso seasons 1-3, Apple TV ·       Quiet: The Power of Introverts in a World That Can’t Stop Talking, Susan Cain ·       Time to Think, Nancy Kline ·       Flourish, Martin Seligman With thanks again to Maggie and Judith for so generously sharing their time, insights and experiences. 

What makes a truly great charity leader in 2025? It feels like the right time to revisit this topic. Guests Maggie Smith and Judith Miller are experts in leadership, training and coaching and work closely with charity finance professionals. In this episode, they talk about their early years in leadership development, share the personal leadership traits they believe are needed in the 21st century, and explain why keeping the spotlight on diversity, inclusion and wellbeing in the workplace is more important than ever before. If you'd like tips on how to be a better leader (and human being!) join us for part one of our Talking about... Leadership podcast. And to keep you on your lifelong journey to being a great leader, check out the resources Judith and Maggie recommend below! ·       Cracking the Code: The Secret to Successful Strategy Execution & Lessons for the C-Suite, Rommin Adl ·       Emotional Intelligence: Why it can matter more than IQ, Daniel Goleman ·       Atomic Habits, James Clear ·       The Power of Habit, Charles Duhigg ·       Mindset, Carol Dweck  ·       The Chimp Paradox, Prof. Steve Peters ·       The outstanding leadership research – Exceeding Expectation  ·       Uncharted, Margaret Heffernan (find her on Substack)  ·       Dare to Lead, Brene Brown, plus The Gifts of Imperfection and Rising Strong ·       Why Should Anyone Be Led By You? Rob Goffee and Gareth Jones ·       Ted Lasso seasons 1-3, Apple TV ·       Quiet: The Power of Introverts in a World That Can’t Stop Talking, Susan Cain ·       Time to Think, Nancy Kline ·       Flourish, Martin Seligman With thanks again to Maggie and Judith for so generously sharing their time, insights and experiences. Look out for part 2, coming soon! 

Pensions experts David Fairs and Edward Symes from LCP demystify pensions for charities. Richard Sagar, CFG's Head of Policy, leads the conversation which looks at what charities need to do in light of The Pensions Regulator's new defined benefit funding code, what the future of pensions might look like under a new Labour Government, and much more. About the speakers David Fairs Ed Symes Richard Sagar (CFG host) Resources  The Pensions Regulator (TPR) TPR’s DB Funding Code The TPR’s Trustee Toolkit LCP Charity Pensions Consulting LCP Annual DB Pensions Conference,12 November, Pullman Hotel, London  News and policy From today, trustees should use TPR’s new DB Funding Code, September 2024 A new pensions funding regime for defined benefit pension schemes, September 2024 CFG responds to TPR's consultation on funding code of practice, March 2023

What does the new Labour government mean for charities and civil society? Following the King's Speech 2024, Richard Sagar asks three policy experts for their insights, hopes and advice. With guests Anna Mowbray from CAF, Rebecca Young from NCVO and Charlotte Prothero from Pro Bono Economics. The panellists set out their wishes for the forthcoming Budget and Spending Review, as well as the new relationship between the government and civil society. They also share advice on what charities can do to engage the new government and MPs. Further resources and reading The King's Speech 2025 (www.gov.uk) The King's Speech and what it might mean for charities, by Richard Sagar, CFG The King's Speech 2024: what do charities need to know? by NCVO MPs and their experience in the charity sector (free resources) by Pro Bono Economic Charities at the Cabinet table, by Pro Bono Economics The need to overcome the philanthropy knowledge gulf by Pro Bono Economics Charities Aid Foundation's UK Research Hub If you have any questions, contact CFG's Policy Team: [email protected].

Who and what has inspired Caron Bradshaw OBE during her time as CEO at CFG? Caron talks to Emma Abbott about her new non-executive role, what it now means for CFG and why she's 'getting out of the way' and making space for others to lead. Caron has been inspired by... > Henry Stewart, Chief Happiness Officer, B Corp > Lynne Berry CBE, Chair, Human Tissue Authority; Pro-Chancellor and Chair of Governors University of Westminster   > Natalie Campbell MBE, Co-CEO, Belu Water > Charlotte Harrington, Co-CEO, Belu Water > Leadership and empowerment [CFG blog] > Why does Belu have two CEOs? > The wisdom of crowds > The HIPPO effect   > The art of delegation and getting out of the way If you have a story to tell about something or someone that has inspired you, please get in touch with the team! Email CFG to tell us more: [email protected].

Generative Artificial Intelligence (Gen AI) had its breakthrough year in 2023. Its development and adoption will continue to accelerate in the months ahead. What, if anything, should charities and non-profits do to keep pace? Dr Clare Mills, Director of Policy and Communications at CFG talks to two social sector experts - Zoe Amar from Zoe Amar Digital, and Rhodri Davies from Why Philanthropy Matters. With a flexible and ethical framework, the right tools and good regulation, we can all embrace AI and benefit, whilst reducing risk... But is it really that simple? Clare asks Zoe and Rhodri whether AI is something to fear, what the opportunities and dangers are, and how it's possible to work together to ensure the charitable sector doesn't get left behind - or worse. Useful resources Zoe Amar Digital: AI resources and insights, including the new AI checklist Why Philanthropy Matters Philanthropy, Civil Society and AI  AI is coming for philanthropy by Rhodri Davies AI: Will it replace grantmaking? by Rhodri Davies Podcast interview with J Bob Alotta, Mozilla  Generosity AI Working Group (Giving Tuesday) 100 Days of AI: 30 minute bitesized AI lessons Charity AI Governance and Ethics Framework The ultimate guide to AI by CharityDigital AI: Opportunities, threats and policy by Eleanor Duhs, Bates Wells How will your charity harness AI? by CFG The Ethics Framework for AI by Digital Catapult Civic AI Policy and research Policy implications of AI - UK Parliament [9 January 2024] National AI Strategy - Government guidance [December 2021] Courses and events CFG's Risk Conference on Thursday 29 February 2024 Seminar: Generative AI: developing your comms approach on 25 January 2024 Generative AI for Finance delivered by ICAEW (membership log-in required) In the news BSI publishes global guidance/new international standards for AI [16 January 2024] AI adoption in UK risks job losses for women and disadvantaged groups [15 January 2024] AI systems* ChatGPT Claude AI Copyleaks DALL-E 3 Google Bard Paradox.ai SlidesAI Textio * Please note that CFG does not endorse or recommend these AI systems but encourages learning about what these and other tools can offer. This is a simple list of some well-known AI systems and tools and others are available. These resources are up-to-date at time of publication. Please visit our website for more on the latest issues in charity finance and leadership. Do you have a useful resource on AI? We'd love to know! Please email the team at CFG: [email protected].  Produced by Emma Abbott, Communications Manager, CFG

**This podcast and its associated resources explore themes around mental health, with a focus on suicide, suicide prevention and bereavement. Some individuals may find the content emotionally challenging or distressing.  If you are looking for support, please see our resources list below. Please note that this is not an exhaustive list and there may be other organisations and charities that can help. If you have any concerns about this content, or would like to share your thoughts or comments, please contact the CFG team by email: [email protected].** In a life-threatening emergency always dial 999 first World Suicide Prevention Day is held on 10 September each year. The event represents a global commitment to focus attention on suicide prevention.  The theme of WSPD 2023 is ‘Creating hope through action’. This reflects the need for collective action to address this urgent public health issue. In this podcast, Emma Abbott, Communications Manager at CFG, talks with Eve Trotman about her new role at CFG as a Mental Health First Aider, why she’s raising awareness of suicide prevention, and what she is doing to ‘create hope through action’. Read Eve's booklet on WSPD If you are affected by this topic, would like to find out more, or need support for yourself or for someone you know, please see below a list of resources:   Where to find help and support  National Suicide Prevention Helpline UK PHONE: 0800 689 5652 (Everyday: 18:00 – midnight) Samaritans PHONE: 116 123 (24 hours a day, 365 days a year) Email: [email protected] Shout TEXT: the word ‘SHOUT’ to 85258 (24 hours a day, 356 days a year) Campaign Against Living Miserably (CALM) PHONE: 0800 58 58 58 (Everyday: 17:00 – Midnight) https://www.thecalmzone.net/ (access their WEBCHAT) SOS Silence Of Suicide  PHONE: 0808 115 1505 (Every Week Night: 20:00 – Midnight, Every Weekend: 16:00 – Midnight)     Papyrus (under 35) PHONE: 0800 068 4141 (24 hours a day, 356 days a year)       TEXT: 07860039967 Email: [email protected] Switchboard (LGBT+ Helpline) PHONE: 0800 0119 100 (Everyday: 10:00 – 22:00) Email: [email protected] Rethink Mental Illness Mind Wise (Northern Ireland) SAMH (Scotland) Help is at Hand Cymru For awareness and training International Association for Suicide Prevention (IASP) National Suicide Prevention Alliance 'Creating hope through action': a shareable film by IASP 'Step Closer' a shareable film by IASP MHFA England (for expert training and guidance to support mental health)   Acknowledgments and thanks With thanks to our colleague Clare for sharing her lived experience and the CFG team who have supported this work. #WorldSuicidePreventionDay #WSPD #WSPD2023 #CreatingHopeThroughAction #BeTheLight

What are charity reserves? Should all charities have them? And is it time to rethink when and how rainy day funds are used and not used?  These are just a few of the questions Sarah Vibert, CEO of NCVO, puts to Jane Ide, CEO of ACEVO and Caron Bradshaw, CEO of Charity Finance Group, in this latest charity finance podcast. We also share a range of resources to help you better manage your charity's reserves and make your charity's funds go further: Research A research report into charity reserves management in Scotland (lots of useful stats and insights for those elsewhere in the UK) Webinars, articles, other podcasts Modern reserves with Scottish Grantmakers and CFG (2023)  Thinking about reserves, by Caron Bradshaw (2022) Rainy days and reserves, by Caron Bradshaw (2021) Third Sector podcast: Raid of replenish? (2023) Guidance Writing the financial procedures: reserves policy, NCVO (December 2022) Running a charity: Financial Difficulty and Insolvency, NCVO (December 2022) And finally, an oldie but still a goodie: Beyond Reserves, CFG/ACEVO/CIoF (2012) (Scheduled to be updated early 2024). With thanks to Sarah, Jane, Caron and the teams at NCVO and ACEVO for sharing their insights and resources.

Ahead of their session at the CFG Annual Conference, CEO of War Child Rob Williams and Leadership Coach and Business Mentor Nicki Deeson join CFG’s Joanna Strumilowska to explore overlap areas and differences in thinking between CEOs and finance directors, an especially relevant issue during COVID-19. View the presentation slides for this podcast at https://cfg.org.uk/podcast