The Transparency Task Force is a Social Enterprise, operating as a not-for profit with the sole purpose of driving positive, progressive and purposeful finance reform.
It is a Limited Company; Transparency Task Force Ltd, wholly owned and controlled by Andy Agathangelou, its Founder. https://beta.companieshouse.gov.uk/company/09698368
The Transparency Task Force is a Social Enterprise, operating as a not-for profit with the sole purpose of driving positive, progressive and purposeful finance reform.
It is a Limited Company; Transparency Task Force Ltd, wholly owned and controlled by Andy Agathangelou, its Founder. https://beta.companieshouse.gov.uk/company/09698368
TTF operates through many volunteer Groups: https://new.transparencytaskforce.org/groups/, which are democratic and consensus-based. The structure is bottom-up, respond-to-input, not command and control.;. We put our energies into what our members want to focus on.
We also have a wonderful network of supportive Ambassadors, many of whom are also involved with our Special Interest Groups:
TTF can operate on just ÂŁ100,000 per annum; we run a very tight ship. With a community of over 4,000 aligned individuals forming an increasingly potent force for good, we believe we represent ecxellent value for money. Â
ÂŁ100,000 per annum covers all of the following:
- Salaries for all 3 staff
- All operating costs
- All travel and accommodation, including international
- All event costs (venues are given free)
- All other operating costs: accounting, subscriptions, IT, software etc.
Approx. ÂŁ50,000 is generated through event ticket sales (we have a donation model: nobody is unable to attend if they cannot afford the Standard Ticket Price).
That leaves a shortfall of roughly ÂŁ50,000 that is raised through donations, which are badly and consistently needed.Â
If you or organisations/people you know might want to donate please get in touch.Â
The Founder has already used his life savings (other than pension fund) to get TTF to where it is now.Â
A full breakdown of donations received, and other details are available on request.
Full financials are reported here: https://transparencytaskforce.org/reporting/finances/
If you wish to know anything about the Transparency Task Force, please get in touch through andy.agathangelou@transparencytaskforce.org or chelsea.houghton@transparencytasforce.org.
You are welcome to publish any question you put to us and the answer you receive, in any way you wish; including social media.Â
We are happy to be investigated in any reasonable way and we have a policy of full disclosure and full transparency. If you suspect that we might be falling short of those policies please let us know and weâll put things right .
Other Information
âTransparency” is far more than just a powerful watchword; it can drive the change that the consumer deserves and the reputation of the sector needs.
We believe the financial services sector is profoundly important to the wellbeing of society, economic stability and political stability.
We fully support the sector and what it does, when it is behaving properly.
However, there is ample reason for concern about the minority whose malpractice, misconduct, malfeasance and miss-selling leads to bad practice, and negative publicity in the newspapers and on the TV. This poor behaviour tarnishes the reputation of the industry as a whole, resulting in a lack of engagement, a lack of trust and lowered levels of saving, investing and insurance protection.
The UK has the lowest level of savings since 1963,a systemic and structural problem that it leads to poor outcomes for consumers, and needs fixing.Â
The Transparency Task Force works to drive change by encouraging the sector to behave in a more transparent, truthful and trustworthy wayl.
It is clear that there is much wrong in financial services that desperately needs fixing. Since May 2015, bit by bit, one person at a time, we have been building a collaborative, campaigning community that is working together to make a difference.
There are so many areas that need to be addressed:
- The Trust Deficit
- The Engagement Deficit
- The Understanding Deficit
- Conflicts of interest
- Regulatory capture
- Hidden costs
- Hidden risks
- Opportunistic opacity
- Opportunistic obfuscation
- Opportunistic complexity
- Vested interests
- Short-termism
- Scalping
- Inadequate client-centricity
- Skewed incentives
- Asymmetries of information
- Scams and scandals
- Gouging
- Rent extraction
- Malpractice
- Malfeasance
- Egregious abusesÂ
- Reputational damage
- Contrived complexity.
TTF Accounts
If you would like to view our accounts for 2017/2018 they can be downloaded by clicking on the dates below:
