help@hymans.co.uk

supporting young people

Action on Financial Education

Our CEO, Marcella Boyle, has written a blog for our funder (Hymans Robertson) on the importance of action on financial education for children and young people. Marcella shares recent UK money statistics from The Money Charity, research on inconsistencies in financial education for the younger generation by Money and Pensions Service (MaPS) , and the work the Foundation’s partner, MyBnk is doing to try to plug this gap through its Money Works programme, which it also delivers to the Foundation’s other charity partners:

“With our extended charity partner network, we recognised the need (particularly in young people’s employability programmes) to offer specialist education in managing finances. Building financial capability is a key priority for the Foundation.”

You can read Marcella’s full article, plus find links to further research, on the Hymans Robertson website: “Building better financial security through education

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Extending our Bursary – supporting more Young People across the U.K.

This month, we recognize a sad one-year anniversary as the ongoing pandemic and its restrictions continue to impact on people and communities.

The Prince’s Trust launched its annual Index (January 2021) with very sobering feedback from young people across the UK[1].  This year’s Youth Index, which surveyed 2,180 16-25 year olds from across the UK, reveals:

  • 60% of young people say that getting a new job feels “impossible now” because there is so much competition
  • a quarter (24%) of young people claim that the pandemic has “destroyed” their career aspirations
  • Young people state that they are more likely to feel anxious now than at any other time since the Youth Index was first launched over a decade ago

Bursary 2020 Background

In October we launched the Hymans Robertson Bursary, aimed at retaining 16-25 year olds in education, training, volunteering or employment. The Fund is nationwide and supported by four Foundation charity partners (Barnardo’s, FARE, Prince’s Trust and Works+). Our financial education partner (MyBnk – Delivering expert-led financial education to young people) also provides wrap services around the Bursary for young people receiving funding.

Our Impact

Over the last 3 months, charity partners identified over 50 young people in the Scottish Borders, Glasgow and North England to be supported by the Bursary. Young people have been able to access funding for a range of employability and training needs (including driving lessons, interview clothing, work and training kit (tools, digital and data).  We also recognize that needs relating to mental health and wellbeing are increasing and the Bursary has been able to support young people access wellbeing sessions with trusted providers.

“the funding gave me the chance to settle in at work without worry about how I was going to get there for the first couple of months”

“the Bursary has allowed me to progress to the Employability Fund Stage 2 course”

“I have just progressed to further training and I’ll be able to do my course work independently at home with my laptop”.

“I’ve secured a new job and feel supported and far less chaotic than I did before. I’m feeling positive about my future”

What’s Next?

The Foundation is committed to supporting young people who, with a little help, can access or continue in training, volunteering and employment. From April 2021, we will double our funding for the Bursary Fund and involve a wider range of our community based charities across the UK. That means over 200 more young people will be supported in 2021/22.  Similar to our crisis approach (Hardship Fund), we will work with our local offices and communities to ensure the Bursary is accessible to young people most in need.

Get In Touch

If you feel the Bursary can support you or vulnerable young people you know, please get in touch. We can connect you to one of our charity partners who can help you access Bursary funding.


[1] Youth Index 2021 | Research, policies and reports | About The Trust | The Prince’s Trust (princes-trust.org.uk)


For information please contact Marcella Boyle, CEO, at marcella.boyle@hymans.co.uk

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Our 2020 Roundup

The Foundation started the year with a clear plan to further develop relationships with our charity partners and offer opportunities for Hyman Robertson LLP’s volunteers and fundraisers, to continue to deliver support to young people and our communities. The full extent of the global pandemic took hold, our plans adapted and funds were redirected. Despite everything 2020 threw at us, there have been some memorable and positive achievements we want to recap on.

The Hardship Fund

The Fund was launched in April, with extra funding released to help charities across the UK to meet the immediate and urgent needs of the most vulnerable in our communities. By the time funding closed, just over £45,000 had been donated to more than 30 charities, helping to provide urgent food and care packages, vital PPE, counselling and support, educational and digital tools.

Moving online

With face to face support either limited or prohibited, we worked with our Foundation partners to move our financial education support – delivered by our partner MyBnk – to an online delivery model, rolled out directly to young people who could engage remotely via our other partners. This change meant we’ve been able to help over 500 young people since the start of the pandemic.

The Foundation Bursary Fund for Young People

In October we launched the Bursary, aimed at retaining 16-25 year olds in education, training or employment. With young people disproportionately impacted by the UK recession and ongoing Covid-19 restrictions, our charity partners advised us of the urgent need for greater intervention in supporting young people in a positive destination.  The Fund has been rolled out nationwide via our existing charity partners and will operate for at least 18 months until April 2022.  In the first 3 months, the Bursary has supported over 50 young people in Glasgow, the Scottish Borders and North England. Here’s the impact of the Bursary for some young beneficiaries:

“the funding gave me the chance to settle in at work without worry about how I was going to get there for the first couple of months”

“the Bursary has allowed me to progress to the Employability Fund Stage 2 course”

“I have just progressed to further training and I’ll be able to do my course work independently at home with my laptop”.

More work is planned to expand the bursary to Birmingham/Midlands and London area in 2021.

Looking ahead

2020 has shown us that we work best when we listen and respond to the needs of community based charities and young people. We want to thank all our partners who continue to work in hard hit communities and with young people who now, more than ever need practical and expert advice to secure a positive future.

Thank you for reading this Roundup.

Marcella Boyle

CEO, February 2021

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Launching our Bursary for Young People

We are pleased to announce the launch of our Bursary Fund for 16-25 year olds. Funding will be prioritised to support young people into jobs, volunteering, further education and may also be used to financially support young people at the senior end of school.

The Bursary will be delivered via our existing charity network and applications managed by the Prince’s Trust, Barnardo’s, Works + (Scottish Borders) and FARE (Greater Glasgow). Bursary applications will open on 12th October and the fund will operate for at least 18 months until April 2022.

Launching the Bursary Fund, our Chair, Clive Fortes commented:

“Young people are, and will be, disproportionately impacted by the UK recession and ongoing Covid-19 restrictions. Entry level employment opportunities have been significantly impacted by the pandemic and traditional routes to high-vacancy employment (retail, hospitality, travel and tourism) have contracted.

Our charity partners advised us of the urgent need for higher intervention in retaining young people in positive destinations – education, retraining and employability programmes, and volunteering – in the short to medium term. The Bursary is our response to this, and complements the UK and Scottish governments’ youth guarantee and employment schemes. Our financial education charity partner, MyBNK, will provide critical wrap-around support for Bursary holders to ensure that young people’s understanding of personal finance is also supported through the Bursary.

For information please contact Marcella Boyle, CEO, at marcella.boyle@hymans.co.uk


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