Expanding our coverage to water social tariffs
Expanding our coverage to water social tariffs We are excited to announce a new feature to calculate the entitlement to water social tariff schemes for all water companies in England and Wales. These are very challenging times for vulnerable people and this extra source of support can bring up to £370 per year and avoid, or […]
Embedding income maximisation in debt advice
Income maximisation in debt advice We are excited to announce a new feature that allows debt advisers to provide income maximisation services from their existing CRMs, case management systems and Income & Expenses applications. Debt advice is a notoriously difficult process where advisers need to navigate between complex and changing regulations, a wide array of […]
Child Disability Payment
Child Disability Payment Social Security Scotland has just opened the Child Disability Payment – you can see here the official announcement. We are taking this opportunity to share some insights on the households who will be getting this new benefit and how we’ll adapt our platform to it. The Child Disability Payment (and Disability Living […]
New feature to help people with their disability benefit applications
New feature to help people with their disability benefit applications We are excited to announce a new feature to help people with their disability benefit applications. This feature will help benefits applicants to better understand how their condition compares with the assessment criteria for Personal Independence Payment. Benefits applicants will be able to better articulate […]
Our benefits coverage
Our benefits coverage In our relentless effort to put more money into the pockets of vulnerable customers, we are proud to offer the widest benefits coverage available in the market. While most of the benefits calculators include means-tested, contribution and non-contribution; we also cover passported benefits, benefits for energy bills and social tariffs. Adding these […]
Passported benefits
We release a new feature to calculate passported benefits In our relentless effort to put more money into the pockets of financially vulnerable customers, we are releasing a new feature to calculate the entitlement to passported benefits. What are passported benefits? Passported benefits are benefits or grants that some people are entitled to because of […]
We are extending our coverage of Scottish benefits and grants
We are extending our coverage of Scottish benefits and grants Scottish vulnerable households are missing around £1.4bn in benefits per year as they are not aware of their benefit entitlement. We are excited to announce that we are extending our coverage to the following Scottish benefits and grants: Scottish Child Payment; Kinship Care Allowance; Best […]
Inbest Benefits Calculator
Inbest Benefits Calculator Benefits application is an overly complex process where individuals with limited financial literacy need to search for financial information in their bank statements. Moreover, eligibility criteria depend on changing people’s circumstances and financial situation, but the system is not capable to pick-up these changes and is the responsibility of each individual to […]
New research to improve affordability assessment
New research to improve affordability assessment The University of Edinburgh, Afterbanks and Inbest are collaborating on a new research project that aims to develop new methods for affordability assessment. On the one hand, they will explore new statistical frameworks to take into account the changing nature of consumers personal circumstances, financial situation and behaviours. On […]
We are joining forces with the University of Edinburgh to improve financial well-being
We are joining forces with the University of Edinburgh to improve financial well-being We are working with the University of Edinburgh Business on a research project to measure, track and improve the financial well-being of UK consumers. The research project will evaluate whether: – Consumers have a sustainable spending pattern and manageable debt levels to […]