Hospice finance support
We want to facilitate the sharing of information and resources and hope to encourage a supportive network among colleagues at hospices with finance responsibilities.
Information/guidance for individuals responsible for finance matters:
Guide to Investment Policy Statements
The Guide to Investment Policy Statements is a joint project involving Hospice UK and Aberdeen Standard Capital. We have created a new resource which we hope will be of practical use for hospices throughout the UK. This guide is relevant for you if your hospice holds cash or stock market investments. If you are a trustee, this guide will also help you better understand how to fulfil your duties as a trustee, keeping in mind both law and guidance from the charity regulator in your jurisdiction.
One of the most important financial policies for a hospice board is the charity’s reserves policy. In a series of three articles below, Helena Wilkinson sets out some of the things trustees should consider when setting and implementing their hospice’s reserves policy.
Helena is a Partner and Head of Charities at Price Bailey, the specialist accountants for the charity and not for profit sector. She is also Vice-Chair of the ICAEW Charity Professionals Community and holds the Diploma in Charity Accounting. She is a recognised charity expert, writes for national and charity press and regularly presents at charity events.