Vulnerability training

​Health, disability, unemployment, bereavement, domestic violence and addiction can all contribute to making someone more vulnerable.

Customers in vulnerable circumstances are especially susceptible to detriment. Your staff need to know how to identify and work with these customers in a way that is both consistent and fair.

This can have a positive impact on your ability to recover debts, employee morale and your reputation as a responsible organisation.

• Key factors that may impact on vulnerability and categories of vulnerability
• Statutory principles under the Mental Capacity Act, including which individuals may act in a legal capacity for the person in debt
• The TEXAS protocol for handling disclosure of sensitive personal information
• The four points of the Compass technique as a tool for understanding the significance of the vulnerability presented
• Different pathways for debtors to obtain free, independent, money advice

• Improve your reputation as a responsible organisation that treats customers fairly
• Gain the skills, tools and confidence to handle customers in vulnerable circumstances fairly and consistently
• Improve your debt recovery rates and broken repayment arrangements, and minimise the likelihood of additional costs
• Meet your legal and regulatory responsibilities under the Mental Capacity Act and Data Protection Act
• Supports all parts of your business (lending, customer service, fraud, retention, collections and digital)

Data lies at the heart of the FCA’s vulnerability regulations.

Firms need to evidence that the outcomes of vulnerable consumers are as good as those of other consumers.

Firms need to know their vulnerable consumers, hold the right data about them, and use this to help and support them. Firms need to balance the FCA’s expectations on data with those of the ICO, the GDPR, and the Data Protection Act 2018. This course has been developed to address these specific requirements and provide your firm with the knowledge to make sure you meet your responsibilities.

You’ll explore the following topics:

• Processing data (GDPR requirements)
• The challenges of supporting vulnerable customers and meeting GDPR requirements
• What basis can we process data under
• Additional considerations
• Applying GDPR principles to customer scenarios

By the end of this course, learners will be able to:

• Identify the challenges of supporting vulnerable customers and meeting GDPR requirements
• Gain the skills, tools and confidence to handle customers in vulnerable circumstances fairly and consistently
• Improve your reputation as a responsible organisation that treats customers fairly
• Explain the different basis under articles 6 and 9 that can be used to record customer disclosures
• Apply the principles from GDPR to a range of vulnerable customer scenarios.
• Meet your legal and regulatory responsibilities.

Inclusive design is at the heart of regulatory supervision.

Of increasing importance in the conversations about vulnerability - inclusive design is the development of buildings, products, services, or processes that are accessible to all people, regardless of age, disability, or other factors.

Firms needs to be taking into account vulnerability throughout their design process, and mitigating any potential for harm.

This course will help you, and your teams, understand what inclusive design is and how you can use it when designing products and services.

You'll explore the following topics:

• What is inclusive design and why is it important to product design
• What are the key principles to inclusive design
• Examples of inclusive design already out there
• Applying the principles to a product design project.

By the end of this course, learners will be able to:

• Define what inclusive design is and why it is important when designing products for customers
• Identify what good inclusive design looks like
• Apply inclusive design principles to a product development project
• Improve your reputation as a responsible organisation that treats customers fairly
• Meet your legal and regulatory responsibilities.

Every year one in four adults will experience a mental health problem.

Being aware of the range of mental health conditions and their impact is a vital part of understanding your customers and achieving the right outcomes for your organisation or business.

• What a mental health condition
• Why it is important to identify mental health conditions and the impact they can have on a customer
• The difference between a range of mental health conditions
• Why customers may not disclose their mental health condition
• How to respond when a customer makes an initial disclosure
• Other techniques for helping customers with different mental health problem

• Improve your reputation as a responsible organisation that treats customers fairly
• Gain the skills, tools and confidence to handle customers in vulnerable circumstances fairly and consistently
• Improve your debt recovery rates and broken repayment arrangements, and minimise the likelihood of additional costs
• Meet your legal and regulatory responsibilities under the Mental Capacity Act and Data Protection Act
• Supports all parts of your business (lending, customer service, fraud, retention, collections and digital)

Firms and their staff play a crucial role in supporting customers in vulnerable circumstances.

However, staff can sometimes be presented with difficult situations that over time can have an effect on their wellbeing both emotionally and professionally.

It is important for your workplace to have measures in place to support your staff so that they can help your customers effectively.

• Why people react the way they do
• Identifying and exploring personal boundaries and triggers
• Practical steps to take when you are in 'the moment'
• Looking after yourself both during and after an interaction with a vulnerable customers

• Improve your reputation as a responsible organisation that treats staff and customers fairly
• The course is hosted online, providing you with a flexible schedule and environment to suit your staff as they can attend from anywhere
• Improve your overall workplace environment with a more resilient workforce and organisation which can result in increased productivity
• Improve your reputation as an employer who supports staff
• Reduction in staff sickness levels

One in four frontline collections staff report that they have spoken to at least one customer they seriously believe might be at risk of suicide in the last 12 months – and yet many staff feel unsure about what do in these extremely difficult situations.

The Money Advice Trust has partnered with the National Centre for Suicide Prevention Education and Training, to deliver a course tailored to customers of financial services companies.

Our programme equips frontline staff with the skills and confidence to intervene. The focus is on immediate safety, not fixing problems or trying to deliver therapeutic interventions. The skills we teach can be mastered by anyone.

• The impact and value of personal and professional experience with suicide
• Barriers that prevent people at risk seeking help
• Prevalence of suicidal thoughts and behaviours
• The Signs of Suicide and the Suicide-Safety Guide
• Partnership working and community resources

• Gain a qualification in Suicide First Aid accredited by City & Guilds
• Gain the skills, tools and confidence to help customers in vulnerable circumstances fairly and consistently
• Meet your legal and regulatory responsibilities
• Supports all parts of your business (lending, customer service, fraud, retention, collections and digital)

A serious illness can have a devastating effect on a person and their family, and staff can find these disclosures particularly challenging.

Recent research shows that frontline collections staff will receive an average of 15 disclosures a month about a customer with a serious illness.

Equipping staff to have these conversations and identify and support people who have a serious illness is a vital part of achieving the right outcomes for your organisation and your customers.

• what is a serious illness?
• What affect does serious illness have on your organisation?
• Common conditions
• How to handle a customer’s disclosure – from initial response to managing the disclosure and adhering to the Data Protection Act
• How to better understand a customer’s situation
• The five components of the TEXAS acronym as a tool for dealing with vulnerable factors
• The four points of the IDEA technique as a tool for understanding the significance of the vulnerability presented
• Strategies for dealing with challenging circumstances, including customers who are in shock, angry or low, customers who may be disabled or carers who make contact

• Improve your reputation as a responsible organisation that treats customers fairly
• Gain the skills, tools and confidence to handle customers in vulnerable circumstances fairly and consistently
• Improve your debt recovery rates and Improve broken repayment arrangements, and minimise the likelihood of additional financial costs, and a worsening of the customer's mental health
• Meet your legal and regulatory responsibilities under the Mental Capacity Act and Data Protection Act
• Supports all parts of your business (lending, customer service, fraud, retention, collections and digital)

People living with any addiction - be it gambling, alcohol or substance misuse - can have complex and difficult lives. This can easily lead to financial detriment, including over-spending, loss of control and difficulty managing their finances.

Recent research shows that one in four frontline creditor staff find it difficult to talk about the issue of 'addictions' with customers – more than any other type of vulnerable situation.

With one in four specialist staff and one in ten frontline staff encountering customers with an addition 'most days' or 'every day' it is vital staff are able to understand, identify and support customers suffering from an addiction.

• What addiction is, how common it is and how can we help customers deal with it
• What causes addiction and the financial consequences of addiction on customers
• Identifying the cues and signs of addiction
• Understanding why conversations about addiction fail
• Learning where you can get help for a customer with addiction
• The five components of the TEXAS acronym as a tool for dealing with addiction
• The four points of the IDEA technique as a tool for understanding addiction
• Strategies for dealing with challenging circumstances, including customers who may resist or even refuse our help

• Improve your reputation as a responsible organisation that treats customers fairly
• Gain the skills, tools and confidence to help customers in vulnerable circumstances fairly and consistently
• Improve your debt recovery rates and broken repayment arrangements, and minimise the likelihood of additional financial costs
• Meet your legal and regulatory responsibilities under the Mental Capacity Act and Data Protection Act
• Supports all parts of your business (lending, customer service, fraud, retention, collections and digital)

Mental capacity limitations can result in customers having significant problems with understanding, remembering, and evaluating information about credit products they are applying for, as well as communicating a decision about this.

Where not identified, these can result in detriment including borrowing, lending and contracts that result in ‘later downstream’ financial difficulty and problem debt.

This course covers practical steps and actions you can take to identify and support customers with mental capacity limitations (and other decision-making difficulties) during credit applications.

• Identify what ‘mental capacity’ and a ‘mental capacity limitation’ are
• Recognise ways that a mental capacity limitation can affect a customer’s ability to cope with their finances
• Recognise the ways in which a customer with a mental capacity limitation can be identified and supported
• Identify the key principles of working with customers with a mental capacity limitation
• Identify the key components of the BRUCE tool to be able to apply them
• Identify the components of laws and regulations that apply to mental capacity

• Improve your reputation as a responsible organisation that treats customers fairly
• Gain the skills, tools and confidence to handle customers in vulnerable circumstances fairly and consistently
• Improve your debt recovery rates and broken repayment arrangements, and minimise the likelihood of additional costs
• Meet your responsibilities under the Financial Conduct Authority’s regulatory frameworks relating to mental capacity, contracting and decision-making, and arrears (CONC and MCOB), as well as wider UK law
• Supports all parts of your business (lending, customer service, fraud, retention, collections and digital)

Customer vulnerability is high on the energy industry’s agenda. The Commission for Customers in Vulnerable Circumstances, established by Energy UK, has recently called for immediate action to improve support for energy customers in vulnerable circumstances.

The Commission, chaired by Lord Whitty and comprising five Commissioners, including Money Advice Trust chief executive Joanna Elson OBE, published its report in May 2019. The report found that despite some good practice, the energy sector is not regularly meeting the needs of customers and that ‘urgent action’ is required. Energy companies need to ensure they have the right systems, processes and staff training to help customers in vulnerable circumstances.

• Understand what is meant by consumer vulnerability
• Understand regulatory requirements and best practice for energy companies
• Explore how to identify customers in vulnerable situations by using appropriate questioning techniques
• Understand the Priority Services Register, who is eligible and what services are available
• Explore what support is available to customers in vulnerable circumstances within your organisation and externally

• Improve your reputation as a responsible organisation that treats customers fairly
• Gain the skills, tools and confidence to handle customers in vulnerable circumstances fairly and consistently
• Improve your debt recovery rates and broken repayment arrangements, and minimise the likelihood of additional costs
• Meet your responsibilities under the Ofgem’s definition of consumer vulnerability and the role of the Priority Services Register as well as wider UK law
• Supports all parts of your business (customer service, retention, collections and digital)