The new Wellington Financial Capability Practitioners and Providers Network kicked off this month, with the aim of making the capital a more financially capable city. As we know, increasing access to financial education is crucial in order to help people understand and manage their money and reach their goals.
The Commission previously coordinated a Wellington Community of Practice, a quarterly meeting of Wellington-based providers and practitioners. Now we’re looking to extend the new network to reflect the collaborative kaupapa of the National Strategy.
The idea is for Wellington-based National Strategy partners to get together and share their work and learnings around financial capability.
Currently the network is made up of banks, budgeters, non-profits, council, CAB, education and government. Eventually we hope the network will reach a similar composition and scale as the Auckland Financial Literacy Practitioner and Providers (AFLPP) Network.
The inaugural meeting was held on 18 March and was attended by more than 40 people. A diverse number of sectors were represented, from the New Zealand Defence Force to the Ministry for Social Development, Financial Markets Authority to Whare Ora Trust, from the Westpac Massey Fin-Ed Centre to NZQA just to name a few.
The morning kicked off with networking over a cuppa, before presentations on the National Strategy, work underway by Westpac, and a session led by Alison Sutton of COMET. A key driver of the AFLPPN for several years, she shared insights about how the AFLPPN works to achieve its objectives.