I can certainly start on that. The guide that came out for local authorities came out at the beginning of this year, and the toolkit, then, for practitioners came with that. We will certainly hope to get that out across all of Wales to ensure that everybody has an opportunity to see it and consider how they're delivering financial well-being.
In regards to those other people who work with children and young people, I absolutely get that they're very busy and don't have a lot of time to do all the training and support that they need. But what we have got is something called the money guidance programme. The idea behind the money guidance programme is, for those people who do not do money management as the day job, it's something that they do on top of everything else. The money guidance programme provides a just around two-hour foundation session that talks about the difference between money guidance that's non-regulated and money guidance [correction: money advice] that's regulated. After that, they've done the foundation, they get accredited for that, and then they can move on to different tiers, if they have the time, on particular subjects.
If I can give you an example of why that's important: hypothetically we have somebody who is working with young people, they know young people, for example, need a bank account, and so they know that down the road there's Simon who works at the local high street branch. He's a lovely guy, he knows how to work with the young people, he talks very well to them, he's not frightening or threatening, and Simon knows that he needs to open them a fee-free basic bank account, because that's the right bank account for those young people, and so that's what they do, which sounds great, because now the young person's got a nice bank account and everybody's happy. Unfortunately, what they've done there is they've actually gone between non-regulated into regulated advice. They've suggested a financial provider, and they've advised on a particular product. Those things are regulated advice, which of course is a legal thing.
So, there's a boundary between money guidance and money advice, and what we want to do is make sure that practitioners, whether they're social workers, youth workers, young people's advisers—. We want people to know what they can and can't do within the rules, but also feel confident that they're doing the right thing, that they know where they're signposting to. That initial e-learning can be done in their own time, it could be done during work, and it could be done on iPads or laptops. And that first couple of hours just gives them the confidence to know what they're doing, where to start, what's the line between regulated and non-regulated advice, and then gives them opportunities to learn more. So, it could be something like budgeting or household finances, and even, if they're interested, going into pensions as well. There are those different tiers and different support, and then those tiers stop when they need to hand over. So, for example, when we're talking about debt, debt is a very highly specialised and regulated area, so it's the basics of debt, and once you've done that part, if you need to do more that's when you need to hand over to a regulated debt adviser. So, the learning is there. It's not onerous, but it gives you those basics to understand what you need to do, and then the opportunities to learn more if you have the time, or a particular subject you're needing to cover.