MBA alum launches new financial solution initiative to benefit charities
Helping people to choose the right financial solutions at the same time as giving to charity is the aim of a new fundraising initiative set up by a University of Bath MBA graduate.
The initiative is called Charitable Choice. Jon Webb-Peploe, who obtained his MBA at University of Bath School of Management in 2000, together with Chartered Insurance Practitioner Roy Clarke, founded Clear Choice Partnership Ltd earlier this year. The company has launched Charitable Choice as a way for customers to save money on financial products and share the savings with the charity of their choice.
Charitable Choice introduces a customer to a financial broker partner and gives half of what it earns and more back to the customer in the form of a discount or rebate, providing the supporter with the opportunity to share this money with a charity of their choice. The financial solutions available include ISAs, Investment Funds and Annuities. The brokers are established and independent and also give to charity as part of the deal.
Jon explains: “You can spend £534 to set up a £10,680 Investment ISA. So why not pay £54, save £480, and share your saving with a charity. If you have existing investments in managed funds then you can help charities too, without buying a product or making a donation yourselves. Re-register your existing funds through Charitable Choice and you can monitor, buy, sell and switch funds online; receive a consolidated statement of your investments and access quarterly fund research updates. Chelsea Financial Services, the broker, makes a donation to the supporter’s chosen charity subject to the value of the funds that are re-registered, and gives 20% of its annual commission to charity. A charity receives this share of Chelsea’s annual commission every year the supporter maintains the investment with them through Charitable Choice. This costs the supporter and the charity nothing".
You can find out more about Charitable Choice by visiting their website or by emailing info@charitablechoice.co.uk.
Notes for editors
Clear Choice Partnership is a private limited company that provides strategic consultancy, marketing and new product introduction services for companies and like-minded individuals in the UK that are interested in integrating good causes into their everyday business.
For further information / press enquiries, contact:
Liz Alvey, Marketing Officer
School of Management
University of Bath
Claverton Down
Bath BA2 7AY
UK
Tel:+ 44 (0) 1225 386856
Email: pr@management.bath.ac.uk
General Notes For Editors:
The University of Bath School of Management has consistently achieved both top research and teaching ratings in the UK's Higher Education Funding Council for England (HEFCE) assessments. In the 2008 Research Assessment Exercise (RAE), the School was rated 5th in the UK for management research.
We are one of a select number of international business schools accredited by EQUIS, the European Foundation for Management Development's quality inspectorate and the Bath MBA has been accredited by the Association of MBAs (AMBA) since 1976. The School is consistently ranked among the top UK business schools by The Times, The Sunday Times, The Financial Times and The Guardian.
The centrality of research to teaching is an essential feature of all our programmes. The School offers a full range of programmes from undergraduate to postgraduate up to PhD level and post-experience programmes including the world-ranked Bath MBA. The School also provides tailored executive development programmes for middle and senior management.
The School of Management has a faculty of around 90 teaching and research staff, including visiting academics, with a support team of around 70 managerial and administrative staff. Research income averages £2 million per annum. There are approximately 2,100 students in total comprising some 200 MBA students, 460 Master’s students, 210 full- and part-time research students, and over 1100 undergraduates following BSc degrees. The School also runs joint undergraduate programmes with Departments in the Faculties of Engineering and Design, Science and Humanities and Social Sciences.
