Isio partners with MyBnk as national charity

Professional services firm Isio has launched its first national charity partnership. It will work with MyBnk to deliver financial education for young people across the UK, as they look to develop money-management skills.

Specialising in delivering financial education, MyBnk supports people aged five to 25, helping equip them with the skills they need to take charge of their financial futures. It will receive financial support from Isio, through fundraising initiatives as well with the provision of key expertise.

Guy Rigden, CEO of MyBnk, noted, “With young people disproportionately affected by Covid-19 and rising living costs, effective financial education is more important than ever. With Isio’s support, we can equip more young people with the skills, knowledge and confidence they need to manage their money better.”

Isio, a consulting firm specialising in restructuring work, has been an independent firm for just over one year, after a private equity carve-out from KPMG UK. In its first national charity collaboration, the firm will provide its team with paid-volunteering days to support MyBnk, helping its delivery of workshops and age-tailored programmes across the UK.

Andrew Coles, CEO of Isio, commented, “At the end of last year we set out an ambition to find a national charity we could support as a business. We wanted a charity that aligned to our own purpose, a charity which was focused on creating better outcomes for society and MyBnk feels like the perfect partner for this ambition.”

According to Coles, Isio’s workforce are keen to “do more than just turn up for work every day”, and want to use their skills to support others. In this collaboration, they will do this in many ways, from “going into their local school to help children learn about managing money,” to “helping young people budget for the first time as they start to live independently”.

Coles added, “[They want to] share their own knowledge and experience about financial wellbeing, and we hope to help make a real difference and are excited about the impact we can have together.”

Isio’s national team of 800 people work across nine regional hubs. It is committed to promoting financial wellbeing for all and works with companies, trustees and individuals to help them make informed decisions to protect their future savings.